HR 812 United States House · 118th Congress

Inflation Reduction Act of 2023

HR 812, titled the "Inflation Reduction Act of 2023," would repeal the Inflation Reduction Act of 2022 (Public Law 117-169) and rescind unobligated funds from that law. This bill does not establish new policy but reverses the existing 2022 legislation, halting its ongoing programs and redirecting unused funding. It directly affects the continuation of the 2022 act's provisions, including climate and healthcare initiatives, by formally terminating them. The key mechanism is the repeal of the 2022 law and the rescission of remaining unobligated balances.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2023

Committee Review

Floor Vote

President

Introduced Feb 2, 2023 Last action Feb 3, 2023

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No floor votes recorded yet.

Full legislative history

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Committee

Feb 3, 2023

Committee

Referred to the Subcommittee on Highways and Transit.

lower

Feb 2, 2023

Committee

Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Agriculture, Natural Resources, Financial Services, Science, Space, and Technology, Transportation and Infrastructure, and Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

Feb 2, 2023

Introduced

Introduced in House

lower

1 primary · 24 co-sponsors