Pub. L. 95-238, tit. V, sec. 508
Pub. L. 95-238, tit. V, sec. 508
Sec. 508. Section 201 (e) of the Act is amended— (1) by striking out “$25,000,000” and inserting in lieu thereof “$100,000,000: Provided, That in the case of a guaranty under subsection (b)(5), the amount of the guaranty for any loan for a project shall not exceed $50,000,000”; (2) by striking out “$50,000,000” and inserting in lieu thereof “200,000,000”; and (3) by inserting before the period at the end thereof the following: “, unless the Administrator determines in writing that a guaranty in excess of these amounts is in the national interest. Any such determination shall be submitted to the Speaker of the House and the Committee on Science and Technology of the House of Representatives, and to the President of the Senate and the Committee on Energy and Natural Resources of the Senate, accompanied by a full and complete report on the proposed project and guaranty. The proposed guaranty or commitment to guarantee shall not be finalized under authority granted by this Act prior to the expiration of thirty calendar days (not including any date on which either House of Congress is not in session) from the date on which such report is received by the Speaker of the House and the President of the Senate.