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42 U.S.C. § 17124 — Advisory Committee on Energy Efficiency Finance

submitted 19 years ago by Pub. L. 110-140 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 189 words · no verdicts yet

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The Secretary must create an Advisory Committee on Energy Efficiency Finance. It advises the Department on financing and investment in energy efficiency, using members skilled in capital, banking, and lending. The Committee ends 10 years after December 19, 2007.

(a) Establishment: The Secretary, acting through the Assistant Secretary of Energy for Energy Efficiency and Renewable Energy, must create an Advisory Committee on Energy Efficiency Finance. It advises the Department on energy efficiency finance and investment issues, options, ideas, and trends. It also helps the energy community find practical ways to lower costs and invest more in energy efficiency technology. (b) Membership: The Committee must be balanced and include members with expertise in: seed capital; venture capital; other sources of private equity; investment banking for corporate finance; investment banking for mergers and acquisitions; equity capital markets; debt capital markets; research analysis; sales and trading; commercial lending; and residential lending. (c) Termination: The Committee ends automatically 10 years after December 19, 2007. (d) Authorization of appropriations: Congress may provide whatever money the Secretary needs to carry out this section.
the actual law source: uscode.house.gov ↗public domain
(a) Establishment

The Secretary, acting through the Assistant Secretary of Energy for Energy Efficiency and Renewable Energy, shall establish an Advisory Committee on Energy Efficiency Finance to provide advice and recommendations to the Department on energy efficiency finance and investment issues, options, ideas, and trends, and to assist the energy community in identifying practical ways of lowering costs and increasing investments in energy efficiency technologies.

(b) Membership

The advisory committee established under this section shall have a balanced membership that shall include members with expertise in—

(1)

availability of seed capital;

(2)

availability of venture capital;

(3)

availability of other sources of private equity;

(4)

investment banking with respect to corporate finance;

(5)

investment banking with respect to mergers and acquisitions;

(6)

equity capital markets;

(7)

debt capital markets;

(8)

research analysis;

(9)

sales and trading;

(10)

commercial lending; and

(11)

residential lending.

(c) Termination

The Advisory Committee on Energy Efficiency Finance shall terminate on the date that is 10 years after December 19, 2007.

(d) Authorization of appropriations

There are authorized to be appropriated such sums as are necessary to the Secretary for carrying out this section.

Source credit: (Pub. L. 110–140, title IV, § 495, Dec. 19, 2007, 121 Stat. 1654.)

history & why it existsrecord from the source credit
  • 2007Enacted · Pub. L. 110-140 · 121 Stat. 1654

A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-140 on 2007-12-19.

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