S621-118

Introduced

To amend the Food, Conservation, and Energy Act of 2008 to clarify propane storage as an eligible use for funds provided under the storage facility loan program, and for other purposes.

118th Congress Introduced Mar 2, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill defines storage facility loans Section 1614(a) of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. It relies on definition changes, product standards, and delegation of rulemaking. The main policy areas are Energy Production, Energy, and Finance.

Who Benefits and How

Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Financial services firms and customers affected by the bill would take on compliance duties, and Energy producers and energy supply-chain firms affected by the bill would take on compliance duties.

Key Provisions

  • Defines storage facility loans Section 1614(a) of the Food, Conservation, and Energy Act of 2008 (7 U.S.C.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill defines storage facility loans Section 1614(a) of the Food, Conservation, and Energy Act of 2008 (7 U.S.C.

Key Policy Areas

Energy Production, Energy, Finance

Primary Purpose

The bill defines storage facility loans Section 1614(a) of the Food, Conservation, and Energy Act of 2008 (7 U.S.C.

Policy Domains

Energy Production Energy Finance

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Public beneficiaries or protected communities affected by the clause:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Financial services firms and customers affected by the bill
  • Energy producers and energy supply-chain firms affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Financial services firms and customers affected by the bill:
Energy producers and energy supply-chain firms affected by the bill:
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Mar 2, 2023

Ms. Ernst (for herself and Ms. Klobuchar) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Energy Production Energy Finance

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology