On the recordSeptember 16, 2010
Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, I am a proud cosponsor of H.R. 4785, a bill authored by the distinguished majority whip, Mr. James Clyburn of South Carolina. The Rural Energy Savings Program Act will not only quickly create construction and manufacturing jobs, but it will also help Americans make their homes more energy efficient. The Agriculture Committee reported this bill favorably in July. I want to commend the chairman of the committee, Mr. Peterson, and Mr. Clyburn for subsequently working with my committee, the Energy and Commerce Committee, to actually improve the legislation. The bill includes the Home Star Energy Efficiency Loan Program that was reported by the Energy and Commerce Committee on April 15, 2010, as part of H.R. 5019, the Home Star Energy Retrofit Act of 2010. Mr. Chairman, H.R. 5019 was approved by the committee with a bipartisan vote of 30-17. It was supported by a broad array of stakeholders, including energy efficiency advocates, manufacturers, business and industry trade associations, and small businesses. Under this bill, homeowners anywhere in the country will be able to work with their rural cooperative, utility, or other governor-designated lender to borrow money for proven energy efficiency investments in their homes. They would repay the loans over time, generally from a portion of the money they save on their energy bill, and at an interest rate of not more than 3 percent.…





