This bill reauthorizes the National Landslide Preparedness Act through 2030, updating definitions and expanding program requirements. It adds specific definitions for "atmospheric river," "atmospheric river flooding event," and "extreme precipitation event" to guide risk assessments. Key provisions require the Secretary to assess risks from these events in the national strategy, expand eligibility for grants to include Tribal organizations and Native Hawaiian groups, and dedicate $10 million of the $35 million total funding for landslide early warning systems in high-risk areas. The bill directly affects federal agencies (USGS, Commerce), state/local governments, tribes, Native Hawaiian organizations, and communities facing landslide hazards.
The CHEERS Act creates a new tax deduction for restaurants, bars, and entertainment venues that purchase energy-efficient draft beer equipment. It amends tax code Section 179D to treat stainless steel or aluminum draft containers and tap systems as "qualified energy-efficient property," allowing businesses to deduct these costs. The deduction applies only to equipment used specifically for distributing and selling alcohol in eligible venues, meeting existing energy efficiency standards. The provision takes effect for equipment placed in service after December 31, 2024.
S 3768 (ABODE Act) creates a HUD grant program for developers to build or rehabilitate affordable homes for households earning no more than 50% of area median income. Grants require projects to reduce development costs while meeting specific energy efficiency, resiliency, and accessibility standards - particularly for people with disabilities. Priority is given to projects in areas with severe housing shortages or using universal design. HUD must report to Congress within two years on funded projects, home pricing, and cost savings from the efficiency measures.
This bill requires oil and gas companies holding specific Gulf of Mexico leases to renegotiate their terms to pay royalties when oil or gas prices reach certain market thresholds. It directly affects companies with "covered leases" (existing leases issued between 1996-2000 for Central/Western Gulf tracts that currently avoid royalties at high prices). The key mechanism mandates renegotiation to include price-based royalty requirements equal to thresholds already in existing law, effective October 1, 2026. New leases or lease transfers in the Gulf are blocked unless these renegotiations are completed first.
HR 7473 (CMMSA 2.0) increases the tax credit for battery manufacturing from 10% to 25% for electrode materials used in battery production. It adds new requirements that battery components cannot contain critical minerals extracted, processed, or recycled after 2026 by foreign entities deemed a security threat. The bill also expands what qualifies as "electrode active materials" to include precursor materials (like lithium hydroxide) and solid state electrolytes. Finally, it extends the phaseout period for certain critical mineral credits until 2041, instead of 2030. This directly affects battery manufacturers seeking tax credits for domestic production.
HR 7326 (ABODE Act) creates a grant program to fund the development or rehabilitation of affordable housing. It directs the Department of Housing and Urban Development (HUD) to award grants to organizations building or rehabbing single- and multi-family homes for households earning 50% or less of the area median income. Projects must prioritize reducing costs, improving energy efficiency, enhancing accessibility for people with disabilities, and using resilient designs. HUD will require grantees to build a set number of homes meeting these standards before receiving full payment, and must report results to Congress within two years.
The Setting Consumer Standards for Lithium-Ion Batteries Act requires the Consumer Product Safety Commission (CPSC) to adopt three existing voluntary safety standards for lithium-ion batteries used in consumer products like e-bikes and personal electric mobility devices within 180 days of the bill's enactment. These standards, currently used by manufacturers, become mandatory for products defined as "consumer goods" under existing law. The bill also establishes a process for updating these standards if revised by the original organizations, giving the CPSC 90 days to decide whether to adopt changes. Additionally, the CPSC must submit a report to Congress within five years detailing battery-related fire or explosion incidents, including product models, compliance status, and manufacturer information.
HR 2323, the Big Bend National Park Boundary Adjustment Act, would expand Big Bend National Park by adding approximately 6,100 acres of land. The Secretary of the Interior may acquire this land through donation or exchange (not eminent domain), using a specific map dated November 2022. Once acquired, the land becomes part of the park and is managed under existing laws. The map must be publicly available for inspection at National Park Service offices.
This bill redesignates the existing Ocmulgee Mounds National Historical Park as Ocmulgee Mounds National Park and establishes a separate Ocmulgee Mounds National Preserve in Georgia. It allows voluntary land acquisition (via purchase, donation, or exchange) for both areas without eminent domain, and requires the Secretary of the Interior to develop a management plan prioritizing cultural resource preservation for the Muscogee (Creek) Nation. The bill mandates tribal consultation, provides hiring preferences for tribal members, and ensures protection of sacred sites. It also places 126 acres of tribal land into federal trust for the Muscogee (Creek) Nation.
The ARC Act of 2026 establishes a $3.6 billion federal program to provide cost certainty for advanced nuclear energy projects seeking loan guarantees under the Energy Policy Act of 2005. It requires qualifying projects to submit detailed cost estimates, schedule risk analyses, and a project delivery plan to demonstrate on-time, on-budget construction. Borrowers cover cost overruns up to 120% of the base cost estimate, after which the program covers up to 30% of that base estimate (capped at $1.2 billion per project). This directly affects advanced nuclear reactor developers and project owners seeking federal loan guarantees, with strict oversight requirements including quarterly progress reviews and annual schedule updates.
