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Infrastructure Facilitation and Habitat Conservation Act of 2013

To require the Secretary of the Treasury to establish a program to provide loans and loan guarantees to enable eligible public entities to acquire interests in real property that are in compliance with habitat conservation plans approved by the Secretary of the Interior under the Endangered Species Act of 1973, and for other purposes.

Introduced Jun 18, 2013

Latest action (Jul 16, 2014) Committee on Environment and Public Works Senate Subcommittee on Water and Wildlife. Hearings held. With printed Hearing: S.Hrg. 113-772.

Summary

This bill establishes a federal loan program administered by the Treasury Department to help local government entities purchase land for habitat conservation. Eligible entities must be implementing habitat conservation plans approved by the Interior Department under the Endangered Species Act. The Treasury Secretary can approve loans based on the entity's financial soundness and the Interior Secretary's recommendation, with preference given to areas facing rapid development threats. The program runs for 10 years from enactment.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Actions (4)

  1. Jul 16, 2014 Committee on Environment and Public Works Senate Subcommittee on Water and Wildlife. Hearings held. With printed Hearing: S.Hrg. 113-772. · senate
  2. Jun 18, 2013 Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S4588-4589) · senate
  3. Jun 18, 2013 Sponsor introductory remarks on measure. (CR S4587-4588)
  4. Jun 18, 2013 Introduced in Senate

More bills on these subjects (8)

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Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Text versions (1)

  • Introduced in Senate · Jun 18, 2013

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE SENATE OF THE UNITED STATES

June 18, 2013

Mrs. Feinstein introduced the following bill; which was read twice and referred to the Committee on Environment and Public Works

A BILL

To require the Secretary of the Treasury to establish a program to provide loans and loan guarantees to enable eligible public entities to acquire interests in real property that are in compliance with habitat conservation plans approved by the Secretary of the Interior under the Endangered Species Act of 1973, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Infrastructure Facilitation and Habitat Conservation Act of 2013”.

SEC. 2. CONSERVATION LOAN AND LOAN GUARANTEE PROGRAM.

(a) Definitions.—In this section:

(1) Eligible public entity.—The term “eligible public entity” means a political subdivision of a State, including—

(A) a duly established town, township, or county;

(B) an entity established for the purpose of regional governance;

(C) a special purpose entity; and

(D) a joint powers authority, or other entity certified by the Governor of a State, to have authority to implement a habitat conservation plan pursuant to section 10(a) of the Endangered Species Act of 1973 (16 U.S.C. 1539(a)).

(2) Program.—The term “program” means the conservation loan and loan guarantee program established by the Secretary under subsection (b)(1).

(3) Secretary.—The term “Secretary” means the Secretary of the Treasury.

(b) Loan and Loan Guarantee Program.—

(1) Establishment.—As soon as practicable after the date of enactment of this Act, the Secretary shall establish a program to provide loans and loan guarantees to eligible public entities to enable eligible public entities to acquire interests in real property that are acquired pursuant to habitat conservation plans approved by the Secretary of the Interior under section 10 of the Endangered Species Act of 1973 (16 U.S.C. 1539).

(2) Application; approval process.—

(A) Application.—

(i) In general.—To be eligible to receive a loan or loan guarantee under the program, an eligible public entity shall submit to the Secretary an application at such time, in such form and manner, and including such information as the Secretary may require.

(ii) Solicitation of applications.—Not less frequently than once per calendar year, the Secretary shall solicit from eligible public entities applications for loans and loan guarantees in accordance with this section.

(B) Approval process.—

(i) Submission of applications to secretary of the interior.—As soon as practicable after the date on which the Secretary receives an application under subparagraph (A), the Secretary shall submit the application to the Secretary of the Interior for review.

(ii) Review by secretary of the interior.—

(I) Review.—As soon as practicable after the date of receipt of an application by the Secretary under clause (i), the Secretary of the Interior shall conduct a review of the application to determine whether— (aa) the eligible public entity is implementing a habitat conservation plan that has been approved by the Secretary of the Interior under section 10 of the Endangered Species Act of 1973 (16 U.S.C. 1539); (bb) the habitat acquisition program of the eligible public entity would very likely be completed; and

(cc) the eligible public entity has adopted a complementary plan for sustainable infrastructure development that provides for the mitigation of environmental impacts.

(II) Report to secretary.—Not later than 60 days after the date on which the Secretary of the Interior receives an application under subclause

(I), the Secretary of the Interior shall submit to the Secretary a report that contains— (aa) an assessment of each factor described in subclause

(I); and (bb) a recommendation regarding the approval or disapproval of a loan or loan guarantee to the eligible public entity that is the subject of the application.

(III) Consultation with secretary of commerce.—To the extent that the Secretary of the Interior considers to be appropriate to carry out this clause, the Secretary of the Interior may consult with the Secretary of Commerce.

(iii) Approval by secretary.—

(I) In general.—Not later than 120 days after receipt of an application under subparagraph (A), the Secretary shall approve or disapprove the application.

(II) Factors.—In approving or disapproving an application of an eligible public entity under subclause

(I), the Secretary may consider— (aa) whether the financial plan of the eligible public entity for habitat acquisition is sound and sustainable; (bb) whether the eligible public entity has the ability to repay a loan or meet the terms of a loan guarantee under the program;

(cc) any factor that the Secretary determines to be appropriate; and

(dd) the recommendation of the Secretary of the Interior.

(III) Preference.—In approving or disapproving applications of eligible public entities under subclause (I), the Secretary shall give preference to eligible public entities located in biologically rich regions in which rapid growth and development threaten successful implementation of approved habitat conservation plans, as determined by the Secretary in cooperation with the Secretary of the Interior.

(C) Administration of loans and loan guarantees.—

(i) Report to secretary of the interior.— Not later than 60 days after the date on which the Secretary approves or disapproves an application under subparagraph (B)(iii), the Secretary shall submit to the Secretary of the Interior a report that contains the decision of the Secretary to approve or disapprove the application.

(ii) Duty of secretary.—As soon as practicable after the date on which the Secretary approves an application under subparagraph (B)(iii), the Secretary shall—

(I) establish the loan or loan guarantee with respect to the eligible public entity that is the subject of the application (including such terms and conditions as the Secretary may prescribe); and

(II) carry out the administration of the loan or loan guarantee.

(c) Authorization of Appropriations.—There are authorized to be appropriated to the Secretary to carry out this section such sums as are necessary.

(d) Termination of Authority.—The authority under this section shall terminate on the date that is 10 years after the date of enactment of this Act. <all>

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