; and (2) by striking 12-year in paragraph (4)(A) and inserting 20-year . (b) Extension of qualified facility construction beginning date Section 45Q(d)(1) of such Code is amended by striking January 1, 2024 and inserting January 1, 2033 . 132. Reform of loan guarantee program Section 1703 of the Energy Policy Act of 2005 ( 42 U.S.C. 16513 ) is amended— (1) by striking subsection (e) and inserting the following: (e) Qualification of facilities receiving tax credits or financial assistance Notwithstanding any other provision of law, a project that receives tax credits or other financial assistance for clean coal technology shall not be disqualified from receiving a guarantee under this subchapter. ; and (2) by inserting the following new subsection after subsection (e): (f) Implemention In implementing the authority under this section with respect to loan guarantees issued after the date of enactment of the Clean Energy Future Through Innovation Act of 2020 , the Secretary shall— (1) adjust fees and application requirements to the scale of a project to ensure that the costs of preparing and submitting an application are not an undue barrier to participation by smaller, lower risk projects; (2) ensure that program credit rating requirements do not, as applied, act as an obstacle to participation in the loan guarantee program by first-of-a-kind projects, consistent with the purpose of the loan guarantee program to enable debt financing for first-of-a-kind projects that would not otherwise have access to commercial debt markets