Investing in State Energy Act of 2023

This bill modifies timing requirements for two federal energy assistance programs. It requires the Secretary to release application guidance and publish funding allocations within 60 days of funds becoming available for both the Weatherization Assistance Program and the State Energy Program. Additionally, it mandates that funds be distributed "as quickly as practicable" to states, tribes, or other recipients after they submit approved energy conservation plans. The bill directly affects states, Indian Tribes, and other direct recipients of these federal energy assistance programs by streamlining the distribution process. It is a procedural bill focused solely on timing, not altering program eligibility or funding levels.