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GAO-09-196R 1 (2008-11-26)

handle is hein.gao/gaobadwvq0001 and id is 1 raw text is: im T I IAccountability * Integrity * Reliability United States Government Accountability Office Washington, DC 20548 B-317495 November 26, 2008 The Honorable Jeff Bingaman Chairman The Honorable Pete V. Domenici Ranking Minority Member Committee on Energy and Natural Resources United States Senate The Honorable John D. Dingell Chairman The Honorable Joe Barton Ranking Minority Member Committee on Energy and Commerce House of Representatives Subject: Department of Energy. Advanced Technology Vehicles Manufacturing Incentive Program Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule promulgated by the Department of Energy (Department), entitled Advanced Technology Vehicles Manufacturing Incentive Program (RIN: 1901- AB25). We received the rule on November 12, 2008. It was published in the Federal Registeras an interim final rule; request for comment on November 12, 2008. 73 Fed. Reg. 66,721. The interim final rule establishes the Advanced Technology Vehicles Manufacturing Incentive Program authorized by section 136 of the Energy Independence and Security Act of 2007, as amended. Public Law 110-140, Dec. 19, 2007. Section 136 provides for loans and grants to eligible automobile manufacturers and component suppliers for projects that reequip, expand, and establish manufacturing facilities in the United States to produce light-duty vehicles and provide improvements in fuel economy performance beyond certain specified levels. The interim final rule establishes applicant eligibility and project eligibility requirements for both the loan and the grant programs. The interim final rule also establishes the application requirements and the general terms for the loan program, for which Congress has already appropriated funds under Continuing Resolution, 2009, Public Law 110-329, Sept. 30, 2008. GAO-09-196R

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