106 STAT. 2846 PUBLIC LAW 102-486—OCT. 24, 1992 (2) in subsection 0^X2), by striking "agency shall" and all that follows through the period at the end and inserting the following: "agenc^^ shall, after January 1, 1994, fully consider the efficiency of all potential building space at the time of renewing or entering into a new lease.", (e) IDENTIFICATION OF FUNDS. —Section 545 of such Act (42 U.S.C. 8255) is amended to read as follows:
- «£€. 54S. BUDGET TREATMENT FOR ENERGY CONSERVATION MEAS-
URES. The President shall transmit to the Congress, along with each budget that is submitted to the Congress under section 1105 of title 31, United States Code, a statement of the amount of appropriations requested in such budget, if any, on an individual agency basis, for— "(1) electric and other energy costs to be incurred in operating and maintaining agency facilities; and "(2) compliance with the provisions of this part, the Energy Policy and Conservation Act (42 U.S.C. 6201 et seq.), and all applicable Executive orders, including Executive Order 12003 (42 U.S.C. 6201 note) and Executive Order 12759 (56 Fed. Reg. 16257).". (0 INCENTIVE PROGRAM.—Section 546 of such Act (42 U.S.C. 8256) is amended— (1) by striking "(a) IN GENERAL.— * * and inserting in lieu thereof "(a) CONTRACTS. —(1)"; (2) by redesignating subsection (b) as paragraph (2) and amending it to read as follows: "(2) The Secretary shall, not later than 18 months after the date of the enactment of the Energy Policy Act of 1992 and after consultation with the Director of the Office of Management and Budget, the Secretary of Defense, and the Administrator of General Services, develop appropriate procedures and methods for use by agencies to implement the incentives referred to in paragraph (1)."; (3) by striking out subsection (c); and (4) by adding at the end the following new subsections: Establishment. «(b) FEDERAL ENERGY EFFICIENCY FUND.— (1) The Secretary shall establish a Federal Energy Efficiency Fund to provide grants to agencies to assist them in meeting the requirements of section 543. "(2) Not later than June 30, 1993, the Secretary shall issue guidelines to be followed by agencies submitting proposals for such grants. All agencies shall be eligible to submit proposals for grants under the Fund. "(3) The Secretary shall award grants from the Fund after a competitive assessment of the technical and economic effectiveness of each agency proposal. The Secretary shall consider the following factors in determining whether to provide funding under this subsection: "(A) The cost-effectiveness of the project. "(B) The amount of energy and cost savings anticipated to the Federal Government. "(C) The amount of funding committed to the project by the agency requesting financial assistance. "(D) The extent that a proposal leverages financing from other non-Federal sources. Grants.
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