The House Energy and Commerce Committee announced September 7 that the No More Solyndras Act (H.R. 6213) will be considered on the House floor on September 14. The bill, which was approved by the committee August 1 on a party-line vote, would phase out the Department of Energy’s loan guarantee program. It would also impose new restrictions on pending loan guarantee applications, including a ban on revising loan guarantee terms without consulting the Treasury Department, and a requirement to report to Congress any new loan guarantee issued. According to the bill, the Energy Department currently has authority to issue $34 billion in new loan guarantees.