The Green New Deal for Public Housing Act directs federal funds to public housing agencies and tribal entities to rehabilitate, modernize, and electrify the nation's public housing stock into zero-carbon homes within ten years. The bill establishes grant programs that require recipients to conduct deep energy retrofits, install renewable energy systems, upgrade water quality infrastructure, and provide high-speed internet access to residents. In exchange for these funds, agencies must commit to maintaining their total number of housing units, ensuring displaced residents can return to their original projects, and adhering to strict labor standards that prioritize hiring low-income individuals and supporting resident-owned businesses. Additionally, the legislation strengthens tenant participation by mandating the formation of elected resident councils in larger developments and providing stipends for volunteer officers who help manage community operations.
This bill establishes the Green New Deal for Public Schools Act, which creates new funding streams to help U.S. public schools, including those run by the Bureau of Indian Education, become environmentally sustainable and resilient to climate change. It directs billions of dollars toward retrofitting existing school buildings to be energy-efficient and zero-carbon, constructing new green schools, and hiring local educators and support staff to improve school environments and community partnerships. The legislation also mandates that a significant portion of funds be used in environmental justice communities to address inequities, while requiring contractors to pay prevailing wages and prioritize hiring from local and historically disadvantaged groups. Additionally, the bill sets up a new office within the Department of Education to coordinate these efforts and ensures that schools can serve as community centers during disasters by upgrading infrastructure for power, water, and internet access.
The STRONG GRID Act of 2026 directs state regulators to develop rules for connecting microgrids and for measuring the value of investments in grid resilience, while exempting military installations from these new standards. To support these efforts, the bill creates a new grant program that provides up to $500 million over five years to help states deploy microgrids, with priority given to projects in rural areas, low-income communities, and those that improve energy reliability or cybersecurity. Additionally, the Department of Energy will offer technical assistance to utilities and regulators and launch a $200 million pilot program to fund innovative microgrid projects that test new technologies and management systems.
The Green New Deal for Health Act establishes a comprehensive federal framework to address the intersection of climate change and public health by creating new offices, expanding funding, and mandating specific actions across the health care sector. It directly affects hospitals, health care providers, medical manufacturers, health professions schools, and communities identified as environmentally or medically underserved. Key provisions include establishing an Office of Climate Change and Health Equity to develop a national strategic action plan, requiring hospitals to provide detailed notifications and mitigation plans before discontinuing services or closing, and offering grants to modernize medical facilities for climate resilience. The bill also mandates that the health care sector disclose climate risks associated with medical supplies, expands Medicare coverage for home resiliency services like heat pumps for vulnerable patients, and allocates billions in funding to train health workers on climate-related health risks. Additionally, the legislation creates a research initiative to study climate impacts on health and establishes requirements for green, zero-emission medical manufacturing and supply chains.
The Enhancing Electric Grid Resilience Act modifies the Federal Power Act to establish new rules for how costs are assigned to major new or upgraded interstate power transmission lines. This legislation directly affects electric utilities and the Federal Energy Regulatory Commission by requiring them to file tariffs that allocate expenses based on where the benefits of the project are felt, such as improved reliability and economic value. Specifically, the bill applies to new lines with at least 1,000 megawatts of capacity or upgrades adding 500 megawatts, ensuring that customers in the regions receiving these benefits share the costs proportionally. The law maintains the Commission's existing authority to handle cost allocations for transmission projects that do not meet these specific national significance criteria.
The Natural Climate Solutions Research and Extension Act of 2026 directs federal funding toward studying and promoting land management practices that help store carbon or lower greenhouse gas emissions in agricultural lands, grasslands, wetlands, and forests. This legislation specifically supports projects that incorporate traditional ecological knowledge, enhance biodiversity, and reduce water runoff. By amending an existing agricultural law, the bill ensures that research grants prioritize these environmental benefits to improve climate resilience.
The Energy Bills Relief Act aims to lower household energy costs and accelerate the development of low-cost, clean energy by modifying federal tax credits, expanding weatherization programs, and streamlining permitting processes. Key provisions include restoring tax incentives for renewable energy projects, increasing funding for low-income heating assistance, and requiring federal agencies to treat wind, solar, and storage projects with the same procedural fairness as oil and gas projects. The bill also establishes new incentives for upgrading the electricity grid, such as tax credits for transmission lines and grants for wildfire prevention measures, while creating mechanisms to ensure utilities serve public interests and protect consumers from price volatility.
This bill increases the corporate tax rate on stock buybacks to 25 percent for large oil and gas companies that meet specific revenue and operational criteria. It targets corporations with an average annual gross receipt of at least $1 billion that are primarily engaged in producing, refining, processing, transporting, or distributing oil or natural gas. The higher tax rate applies only to stock repurchases made after the bill is enacted and before gasoline prices fall below $2.937 per gallon for five consecutive weeks. If gasoline prices drop below this threshold, the special tax provision ceases to apply, and companies may claim a partial reduction in their tax liability based on the duration of the high-price period.
This legislation modifies the Federal Power Act to restrict the Federal Energy Regulatory Commission's ability to issue emergency orders for power generation facilities. It requires the Commission to consider alternatives that minimize environmental impacts and conduct public hearings before acting. The bill also prohibits orders that would delay the retirement or permanent closure of a facility unless a unique emergency exists and is formally requested. Furthermore, it mandates that utilities inform customers about the costs and impacts of any emergency orders issued under these rules.
This bill establishes a new excise tax on crude oil extracted or imported by large oil companies and uses the revenue to provide rebates to eligible consumers. The tax would be imposed on companies that extract or import over 300,000 barrels of crude oil per day, at a rate of 50% of the difference between the current Brent crude oil price and a 2025 baseline price, adjusted for inflation. All revenue from this tax would be deposited into a new "Protect Consumers from Gas Hikes Fund." This fund would then be used to provide refundable tax credits, or rebates, to eligible individuals, with the rebate amount determined by the Secretary based on fund revenues and the number of eligible individuals. These rebates would be phased out for individuals with adjusted gross incomes exceeding certain thresholds, such as $150,000 for joint filers.
