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To repeal certain provisions relating to taxpayer subsidies for home electrification, and for other purposes.
Summary
This bill would repeal three provisions of the Inflation Reduction Act that provided taxpayer subsidies for home electrification programs. The repealed sections funded high-efficiency electric home rebate programs and related electrification incentives for homeowners. The bill would also rescind any unobligated (unspent) federal funds from these programs, making them unavailable for future use. A conforming change would remove references to the eliminated rebate program from remaining tax provisions.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Sheehy, Tim [R-MT] (R-MT)
8 cosponsors
- Sen. Barrasso, John [R-WY] (R-WY)
- Sen. Ernst, Joni [R-IA] (R-IA)
- Sen. Fischer, Deb [R-NE] (R-NE)
- Sen. Justice, James C. [R-WV] (R-WV)
- Sen. Lankford, James [R-OK] (R-OK)
- Sen. Marshall, Roger [R-KS] (R-KS)
- Sen. Ricketts, Pete [R-NE] (R-NE)
- Sen. Schmitt, Eric [R-MO] (R-MO)
Actions (2)
- Jan 30, 2025 Read twice and referred to the Committee on Energy and Natural Resources. · senate
- Jan 30, 2025 Introduced in Senate
Similar bills (6)
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Full text
IN THE SENATE OF THE UNITED STATES
January 30, 2025
Mr. Sheehy (for himself, Mr. Marshall, Mr. Ricketts, Mr. Barrasso, Mr. Lankford, Mr. Schmitt, Mrs. Fischer, and Mr. Justice) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources
A BILL
To repeal certain provisions relating to taxpayer subsidies for home electrification, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Homeowner Energy Freedom Act”.
SEC. 2. HOMEOWNER ENERGY FREEDOM.
(a) In General.—The following are repealed:
(1) Section 50122 of Public Law 117-169 (42 U.S.C. 18795a; 136 Stat. 2036) (commonly known as the “Inflation Reduction Act”).
(2) Section 50123 of Public Law 117-169 (42 U.S.C. 1879b; 136 Stat. 2041) (commonly known as the “Inflation Reduction Act”).
(3) Section 50131 of Public Law 117-169 (136 Stat. 2041) (commonly known as the “Inflation Reduction Act”).
(b) Rescissions.—The unobligated balances of any amounts made available under each of the sections described in subsection (a) (as in effect on the day before the date of enactment of this Act) are rescinded.
(c) Conforming Amendment.—Section 50121(c)(7) of Public Law 117- 169 (42 U.S.C. 18795(c)(7); 136 Stat. 2033) (commonly known as the “Inflation Reduction Act”) is amended by striking “, including a rebate provided under a high-efficiency electric home rebate program (as defined in section 50122(d)),”. <all>
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