Laws: Cases and Codes : U.S. Code : Title 42 : Section 5903d


   
U.S. Code as of: 01/19/04
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.



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