To repeal certain barriers to domestic fuel production, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``American Alternative Fuels Act of 2011''.
SEC. 2. FINDINGS.
Congress finds that-- (1) the United States needs short- and long-term policies designed-- (A) to eliminate the reliance of the United States on foreign energy sources; (B) to create jobs in the United States; and (C) to harness all of the energy resources of the United States; (2) promoting the energy security of the United States can be achieved by leveraging all domestic energy resources, including-- (A) traditional fossil fuels; (B) alternative energy resources; and (C) renewable energy; and (3) the United States needs to adopt policies that would foster a more sustainable domestic energy supply that would-- (A) decrease risks to national security; (B) lower domestic energy prices; (C) reduce trade deficits; and (D) create jobs in the United States.
SEC. 3. REPEAL OF UNNECESSARY BARRIERS TO DOMESTIC FUEL PRODUCTION.
(a) In General.--Section 526 of the Energy Independence and Security Act of 2007 (42 U.S.C. 17142) is repealed. (b) Conforming Amendment.--Section 1112 of the National Aeronautics and Space Administration Authorization Act of 2008 (42 U.S.C. 17827) is repealed.
SEC. 4. TRANSPARENCY FOR DELAYED LOAN GUARANTEE APPLICATIONS.
Section 1702 of the Energy Policy Act of 2005 (42 U.S.C. 16512) is amended by adding at the end the following: ``(l) Reporting...