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136 STAT. 2046 PUBLIC LAW 117–169—AUG. 16, 2022 out of any money in the Treasury not otherwise appropriated, $75,000,000, to remain available through September 30, 2028, to carry out section 2602(c) of the Energy Policy Act of 1992 (25 U.S.C. 3502(c)), subject to the limitations that apply to loan guaran- tees under section 50141(d). (b) DEPARTMENT OF ENERGY TRIBAL ENERGY LOAN GUARANTEE PROGRAM.—Section 2602(c) of the Energy Policy Act of 1992 (25 U.S.C. 3502(c)) is amended— (1) in paragraph (1), by striking ‘‘) for an amount equal to not more than 90 percent of’’ and inserting ‘‘, except that a loan guarantee may guarantee any debt obligation of a non- Federal borrower to any Eligible Lender (as defined in section 609.2 of title 10, Code of Federal Regulations)) for’’; and (2) in paragraph (4), by striking ‘‘$2,000,000,000’’ and inserting ‘‘$20,000,000,000’’. PART 5—ELECTRIC TRANSMISSION SEC. 50151. TRANSMISSION FACILITY FINANCING. (a) APPROPRIATION.—In addition to amounts otherwise avail- able, there is appropriated to the Secretary for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, $2,000,000,000, to remain available through September 30, 2030, to carry out this section: Provided, That the Secretary shall not enter into any loan agreement pursuant to this section that could result in disbursements after September 30, 2031. (b) USE OF FUNDS.—The Secretary shall use the amounts made available by subsection (a) to carry out a program to pay the costs of direct loans to non-Federal borrowers, subject to the limita- tions that apply to loan guarantees under section 50141(d) and under such terms and conditions as the Secretary determines to be appropriate, for the construction or modification of electric trans- mission facilities designated by the Secretary to be necessary in the national interest under section 216(a) of the Federal Power Act (16 U.S.C. 824p(a)). (c) LOANS.—A direct loan provided under this section— (1) shall have a term that does not exceed the lesser of— (A) 90 percent of the projected useful life, in years, of the eligible transmission facility; and (B) 30 years; (2) shall not exceed 80 percent of the project costs; and (3) shall, on first issuance, be subject to the condition that the direct loan is not subordinate to other financing. (d) INTEREST RATES.—A direct loan provided under this section shall bear interest at a rate determined by the Secretary, taking into consideration market yields on outstanding marketable obliga- tions of the United States of comparable maturities as of the date on which the direct loan is made. (e) DEFINITION OF DIRECT LOAN.—In this section, the term ‘‘direct loan’’ has the meaning given the term in section 502 of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a). SEC. 50152. GRANTS TO FACILITATE THE SITING OF INTERSTATE ELEC- TRICITY TRANSMISSION LINES. (a) APPROPRIATION.—In addition to amounts otherwise avail- able, there is appropriated to the Secretary for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, 42 USC 18715a. Determination. Determination. 42 USC 18715. VerDate Sep 11 2014 15:35 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00230 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw