42 U.S.C. § 5903d : US Code - Section 5903D: Clean coal technology projects; proposals, implementation, funding, etc.

Search 42 U.S.C. § 5903d : US Code - Section 5903D: Clean coal technology projects; proposals, implementation, funding, etc.

Within 60 days following December 19, 1985, the Secretary of
Energy shall, pursuant to the Federal Nonnuclear Energy Research
and Development Act of 1974 (42 U.S.C. 5901, et seq.), issue a
general request for proposals for clean coal technology projects
for which the Secretary of Energy upon review may provide financial
assistance awards. Proposals for clean coal technology projects
under this section shall be submitted to the Department of Energy
within 60 days after issuance of the general request for proposals.
The Secretary of Energy shall make any project selections no later
than August 1, 1986: Provided, That the Secretary may vest fee
title or other property interests acquired under cost-shared clean
coal technology agreements in any entity, including the United
States: Provided further, That the Secretary shall not finance more
than 50 per centum of the total costs of a project as estimated by
the Secretary as of the date of award of financial assistance:
Provided further, That cost-sharing by project sponsors is required
in each of the design, construction, and operating phases proposed
to be included in a project: Provided further, That financial
assistance for costs in excess of those estimated as of the date of
award of original financial assistance may not be provided in
excess of the proportion of costs borne by the Government in the
original agreement and only up to 25 per centum of the original
financial assistance: Provided further, That revenues or royalties
from prospective operation of projects beyond the time considered
in the award of financial assistance, or proceeds from prospective
sale of the assets of the project, or revenues or royalties from
replication of technology in future projects or plants are not cost-
sharing for the purposes of this appropriation: Provided further,
That other appropriated Federal funds are not cost-sharing for the
purposes of this appropriation: Provided further, That existing
facilities, equipment, and supplies, or previously expended
research or development funds are not cost-sharing for the purposes
of this appropriation, except as amortized, depreciated, or
expensed in normal business practice.