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![handle is hein.congrecreports/crptxabhv0001 and id is 1 raw text is: AUTHENTICATEO
U.S. OVERNMENT
INFORMATION
Op
Calendar No. 422
115TH CONGRESS S REPORT
2d Session JSENATE 1 115-254
CAPITALIZING ON AMERICAN STORAGE POTENTIAL ACT
MAY 22, 2018.-Ordered to be printed
Ms. MURKOWSKJ, from the Committee on Energy and Natural
Resources, submitted the following
REPORT
[To accompany S. 1337]
The Committee on Energy and Natural Resources, to which was
referred the bill (S. 1337) to amend the Energy Policy Act of 2005
to make certain strategic energy infrastructure projects eligible for
certain loan guarantees, and for other purposes, having considered
the same, reports favorably thereon with an amendment, and rec-
ommends that the bill, as amended, do pass.
The amendment is as follows:
On page 2, strike line 22 and insert the following:
which the project is located.
(g) NATIONAL SECURITY REVIEW.-Before making a
guarantee for a project under this section, the Secretary
shall certify that the guarantee is in the national interest
and will not harm the national security of the United
States, in accordance with Department of Energy Order
142.5 (relating to the Committee on Foreign Investment in
the United States) (or a successor order)..
PURPOSE
The purpose of S. 1337 is to amend the Energy Policy Act of 2005
to make certain strategic energy infrastructure projects eligible for
certain loan guarantees, and for other purposes.
BACKGROUND AND NEED
The Innovative Technology Loan Guarantee Program authorized
by title XVII of the Energy Policy Act of 2005 (43 U.S.C. 16511-
16516). A number of energy technology projects are eligible for the
loan guarantee program, including advanced fossil, advanced nu-
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