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136 STAT. 2019 PUBLIC LAW 117–169—AUG. 16, 2022 for the cost of loans under section 317 of the Rural Electrifica- tion Act of 1936 (7 U.S.C. 940g), including for projects that store electricity that support the types of eligible projects under that section, which shall be forgiven in an amount that is not greater than 50 percent of the loan based on how the borrower and the project meets the terms and conditions for loan forgiveness consistent with the purposes of that section established by the Secretary, except as provided in paragraph (3). ‘‘(2) LIMITATION.—The Secretary shall not enter into any loan agreement pursuant this subsection that could result in disbursements after September 30, 2031. ‘‘(3) EXCEPTION.—The Secretary shall establish criteria for waiving the 50 percent limitation described in paragraph (1).’’. SEC. 22002. RURAL ENERGY FOR AMERICA PROGRAM. (a) APPROPRIATION.—In addition to amounts otherwise avail- able, there is appropriated to the Secretary, out of any money in the Treasury not otherwise appropriated, for eligible projects under section 9007 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8107), and notwithstanding section 9007(c)(3)(A) of that Act, the amount of a grant shall not exceed 50 percent of the cost of the activity carried out using the grant funds— (1) $820,250,000 for fiscal year 2022, to remain available until September 30, 2031; and (2) $180,276,500 for each of fiscal years 2023 through 2027, to remain available until September 30, 2031. (b) UNDERUTILIZED RENEWABLE ENERGY TECHNOLOGIES.—In addition to amounts otherwise available, there is appropriated to the Secretary, out of any money in the Treasury not otherwise appropriated, to provide grants and loans guaranteed by the Sec- retary (including the costs of such loans) under the program described in subsection (a) relating to underutilized renewable energy technologies, and to provide technical assistance for applying to the program described in subsection (a), including for underuti- lized renewable energy technologies, notwithstanding section 9007(c)(3)(A) of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8107(c)(3)(A)), the amount of a grant shall not exceed 50 percent of the cost of the activity carried out using the grant funds, and to the extent the following amounts remain available at the end of each fiscal year, the Secretary shall use such amounts in accordance with subsection (a)— (1) $144,750,000 for fiscal year 2022, to remain available until September 30, 2031; and (2) $31,813,500 for each of fiscal years 2023 through 2027, to remain available until September 30, 2031. (c) LIMITATION.—The Secretary shall not enter into, pursuant to this section— (1) any loan agreement that may result in a disbursement after September 30, 2031; or (2) any grant agreement that may result in any outlay after September 30, 2031. Time period. Criteria. Waiver. Time period. VerDate Sep 11 2014 15:35 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00203 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw