The Federal share of the cost of an activity carried out using a grant provided under this section shall be 40 percent.
The Administrator may waive up to 100 percent of the local share of the cost of any grant under this section should the Administrator determine that the community is economically distressed, pursuant to objective economic criteria established by the Administrator in published guidelines.
Not later than 1 year after December 19, 2007, the Administrator shall issue guidelines to implement the grant program established under subsection (a).
There is authorized to be appropriated to carry out this section $20,000,000 for each of fiscal years 2007 through 2012.
The Administrator shall provide annual reports to Congress on cost savings achieved and actions taken and recommendations made under this section, and any recommendations for further action.
The Administrator shall issue a final report at the conclusion of the program, including findings, a summary of total cost savings achieved, and recommendations for further action.
In this section, the terms “cost-effective technologies and practices” and “operating [1] cost savings” shall have the meanings defined in section 17061 of this title.