Summary

Amends the Defense Production Act to limit the President’s discretion when awarding Title III financial assistance by barring denial of support on the basis that an applicant engages in exploration, development, production, transportation, utilization, or sale of fossil-fuel–based energy—except when the assistance is itself for energy production. It also includes an incomplete amendment to another definitional provision of the Act (text not provided). The bill does not appropriate funds but changes legal criteria for eligibility for Title III support.

• Prevents the President from denying Title III financial assistance because an applicant is involved in fossil-fuel activities, except when the aid is for energy production.
• Applies to financial support authorities under Title III (loans, purchases, and other assistance to expand or maintain domestic capacity).
• Includes an unspecified amendment to another part of the Defense Production Act (text incomplete in the excerpt).
• Does not appropriate new funds or create new programs; it changes eligibility/nondiscrimination rules for existing authorities.
• Could require agencies to change award-review procedures and guidance for Title III assistance.
• Leaves open executive discretion to deny assistance that directly supports energy production.
• May affect U.S. industrial and energy supply chains by widening who can receive Title III support.
• Could generate legal or policy disputes over the boundary between energy-production assistance and other types of industrial support.