Page:United States Statutes at Large Volume 94 Part 1.djvu/736

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PUBLIC LAW 96-000—MMMM. DD, 1980

94 STAT. 686

PUBLIC LAW 96-294—JUNE 30, 1980 (1) $600,000,000 to the Secretary of Agriculture for carrying out activities under subtitle A, except of the amount of the financial assistance provided by the Secretary of Agriculture under subtitle A, up to one-third shall be for small-scale biomass energy projects; (2) $600,000,000 to the Secretary of Energy for carrying out biomass energy activities under subtitle A, of which at least $500,000,000 shall be available to the Office of Alcohol Fuels for carrying out its activities, and any amount not made available to the Office of Alcohol Fuels shall be available to the Secretary to carry out the purposes of subtitle A under available authorities of the Secretary, including authorities under subtitle A; and (3) $250,000,000 shall be available to the Secretary of Energy for carrying out activities under subtitle B. (h) Funds made available under subsection (a) shall remain available until expended. (c)(1) For purposes of determining the amount of such appropriations which remain available for purposes of this title— (A) loans shall be counted at the initial face value of the loan; (B) loan guarantees shall be counted at the initial face value of such loan guarantee; (C) price guarantees and purchsise agreements shall be counted at the value determined by the Secretary concerned as of the date of each such contract based upon the Secretary's determination of the maximum potential liability of the United States under the contract; and (D) any increase in the liability of the United States pursuant to any amendment or other modification to a contract for a loan, loan guarantee, price guarantee, or purchase agreement, shall be counted to the extent of such increase. (2) Determinations under paragraph (1) shall be made in accordance with generally accepted accounting principles, consistently applied. (3) If more than one form of financial assistance is to be provided to any one project, the obligations and commitments thereunder shall be counted at the maximum potential exposure of the United States on such project at any time during the life of such project. (4) Any commitment to provide financial assistance shall be treated the same as such assistance for purposes of this subsection; except that any such commitment which is nullified or voided for any reason shall not be considered for purposes of this subsection. (d) Financial assistance may be provided under this title only to the extent provided in advance in appropriation Acts. COORDINATION WITH OTHER AUTHORITIES AND PROGRAMS

42 USC 8804.

SEC. 205. The authorities in this title are in addition to and do not modify (except to the extent expressly provided for in this title) authorities and programs of the Department of Energy and of the Department of Agriculture under other provisions of law. SUBTITLE A—GENERAL BIOMASS ENERGY DEVELOPMENT BIOMASS ENERGY DEVELOPMENT PLANS

Transmittal to President and Congress. 42 USC 8811.

SEC. 211. (a) Not later than 180 days after the date of the enactment ©f this Act, the Secretary of Agriculture and the Secretary of Energy