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Read twice and referred to the Committee on Energy and Natural Resources.
Introduced September 17, 2025 by Peter Welch · Last progress September 17, 2025
Creates a Community Economic Development Transmission Fund in the Treasury and directs the Secretary of Energy to manage the Fund to make payments to local “host communities” affected by large electric transmission projects. Each year a portion of interest from specified DOE or related loans is deposited into the Fund and may be paid to eligible host communities for community needs, conservation, and recreation.
The Secretary must adopt a disbursement formula that preserves the Fund’s solvency, ensures a minimum payment for small-population communities, provides notice to potential recipients during federal siting or permitting, and submit an initial and annual report on Fund activity and the covered loan programs.
