A bill to rescind funds for green energy loans.
This bill rescinds $810 million in unused funds from the Inflation Reduction Act's green energy loan program. Specifically, it cancels unobligated balances allocated under Section 50141(b) of Public Law 117-169 (the Inflation Reduction Act). The measure directly affects the government's ability to provide future green energy loans by removing these funds from available resources. It does not create new policy but modifies existing funding availability.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
President
Introduced Nov 21, 2024
Last action Nov 21, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Nov 21, 2024
Committee
Read twice and referred to the Committee on Energy and Natural Resources.
upper
Nov 21, 2024
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Thom Tillis
RRepublican
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