HR 7329 United States House · 119th Congress

FREEDOM Act

The FREEDOM Act creates a new De-Risking Compensation Program to reimburse energy project developers when regulatory actions cause projects to be canceled or become unviable. Project sponsors pay annual premiums (1.5% of capital contribution) to enroll, and can receive compensation if agencies fail to meet deadlines or revoke permits. The bill establishes strict permitting timelines (90 days for routine authorizations, 1 year for complex authorizations) and creates a Permitting Performance Fund to pay for contractor work when agencies miss deadlines. It prohibits agencies from halting or delaying "fully permitted projects" (projects that have received most required authorizations). The bill directly affects energy developers, federal agencies, and the federal government through new compensation obligations.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

President

Introduced Feb 3, 2026 Last action Mar 20, 2026

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Full legislative history

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Committee

Mar 20, 2026

Committee

Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

lower

Feb 4, 2026

Committee

Referred to the Subcommittee on Water Resources and Environment.

lower

Feb 3, 2026

Committee

Referred to the Committee on Natural Resources, and in addition to the Committees on Agriculture, Energy and Commerce, Transportation and Infrastructure, Science, Space, and Technology, and the Judiciary, 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 3, 2026

Introduced

Introduced in House

lower

1 primary · 5 co-sponsors