A bill to amend the Natural Gas Act to provide assistance to States to carry out initiatives to promote the use of natural gas as a transportation fuel and public and private investment in natural gas vehicles and transportation infrastructure.
State Natural Gas Act of 2012 - Amends the Natural Gas Act to require the Secretary of Energy (DOE) to make grants available to states to independently carry out initiatives to promote the following purposes: (1) the use of natural gas as a transportation fuel, and (2) investment in natural gas vehicles and transportation infrastructure.
Establishes $1 million as the minimum grant amount to a state.
Requires the Secretary to increase the grant amount above the minimum to reflect the potential of applications and plans to promote the purposes of this Act, taking into consideration: (1) the relative amount of funds likely to be leveraged by initiatives described in the state plan, (2) the degree that initiatives will support a need unlikely to be met by the private sector absent program funding, (3) the degree that initiatives will be a bridge to private investment and sustainable market conditions, and (4) the amount of funds invested in public and private investment in states in natural gas transportation and infrastructure.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line