Rural Energy Improvement Act
A BILL
To amend the Farm Security and Rural Investment Act of 2002 to reauthorize and improve the Rural Energy for America Program.
2. Rural energy for America program
“(2) Tiered application process—In carrying out this subsection, the Secretary shall establish a three-tiered application, evaluation, and oversight process that varies based on the cost of the proposed project with the process most simplified for projects referred to in subparagraph (A), more comprehensive for projects referred to in subparagraph (B), and most comprehensive for projects referred to in subparagraph (C). The three tiers for such process shall be as follows:
“(A) Tier 1—Projects for which the cost of the project funded under this subsection is not more than $80,000.
“(B) Tier 2—Projects for which the cost of the project funded under this subsection is more than $80,000 but less than $200,000.
“(C) Tier 3—Projects for which the cost of the project funded under this subsection is $200,000 or more.”
“(F) the natural resource conservation benefits of the renewable energy system; and”
“(6) Requirement—In carrying out this subsection, the Secretary shall not require a second meter for on-farm residential portions of rural projects connected to a power grid.”
“(1) In general—Not later”
“(2) Subsequent report—Not later than 4 years after the date of the enactment of the Rural Energy Improvement Act, the Secretary shall submit to Congress a report on activities carried out under this section, including the outcomes achieved by projects funded under this section.”
“(A) $25,000,000”
“(B) $100,000,000 for each of fiscal years 2014 through 2018.”