To repeal section 134 of the Clean Air Act, relating to the greenhouse gas reduction fund.
Summary
What This Bill Does
The bill repeals Clean Air Act section 134 (Greenhouse Gas Reduction Fund created by IRA) and rescinds any unobligated funds from the program, repeals the Clean Air Act Greenhouse Gas Reduction Fund and rescinds unobligated funding for that program, and provides removes prior text that would have repeals the Clean Air Act Greenhouse Gas Reduction Fund and rescinds unobligated funding for that program. It relies on appropriations and tax rate changes. The main policy areas are Environment, Energy, and Finance.
Who Benefits and How
Federal agencies administering climate grant funds could face lower compliance burdens, Taxpayers funding unobligated climate spending could see lower costs, and Petroleum and natural gas system operators subject to methane charges could see lower costs.
Who Bears the Burden and How
Greenhouse Gas Reduction Fund grant and financing recipients could lose revenue opportunities, Community development lenders and clean energy finance intermediaries could lose revenue opportunities, and Clean energy project developers and financiers could lose revenue opportunities.
Key Provisions
- Repeals Clean Air Act section 134 (Greenhouse Gas Reduction Fund created by IRA) and rescinds any unobligated funds from the program.
- Repeals the Clean Air Act Greenhouse Gas Reduction Fund and rescinds unobligated funding for that program.
- Provides removes prior text that would have repeals the Clean Air Act Greenhouse Gas Reduction Fund and rescinds unobligated funding for that program.
- Repeals the Clean Air Act methane emissions and waste reduction incentive program for petroleum and natural gas systems and rescinds unobligated balances.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill repeals Clean Air Act section 134 (Greenhouse Gas Reduction Fund created by IRA) and rescinds any unobligated funds from the program, repeals the Clean Air Act Greenhouse Gas Reduction Fund and rescinds unobligated funding for that program, and provides removes prior text that would have repeals the Clean Air Act Greenhouse Gas Reduction Fund and rescinds unobligated funding for that program.
Key Policy Areas
Environment, Energy, Finance
Primary Purpose
The bill repeals Clean Air Act section 134 (Greenhouse Gas Reduction Fund created by IRA) and rescinds any unobligated funds from the program, repeals the Clean Air Act Greenhouse Gas Reduction Fund and rescinds unobligated funding for that program, and provides removes prior text that would have repeals the Clean Air Act Greenhouse Gas Reduction Fund and rescinds unobligated funding for that program.
Policy Domains
Whole bill
Identified Gains
- Federal agencies administering climate grant funds
- Taxpayers funding unobligated climate spending
- Petroleum and natural gas system operators subject to methane charges
- Greenhouse Gas Reduction Fund grant and financing recipients
- Community development lenders and clean energy finance intermediaries
Identified Costs
- Greenhouse Gas Reduction Fund grant and financing recipients
- Community development lenders and clean energy finance intermediaries
- Clean energy project developers and financiers
- Green banks and nonprofit lenders
- Climate technology and methane mitigation providers
Sponsors
Legislative Progress
ReportedAdditional sponsors: Mr. Griffith, Mr. Duncan, Mr. Bucshon, Mr. Curtis, …
Reported from the Committee on Energy and Commerce; committed to …
Mr. Palmer introduced the following bill; which was referred to …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Federal agencies administering climate grant funds, Federal methane emissions reduction program administrators, Taxpayers funding unobligated climate spending
Federal agencies administering climate grant funds, Taxpayers funding unobligated climate spending face effects in multiple directions
Community development lenders and clean energy finance intermediaries
Community development lenders and clean energy finance intermediaries faces effects in multiple directions
Fossil fuel industry, Petroleum and natural gas system operators subject to methane charges
Clean energy project developers and financiers
Climate technology and methane mitigation providers
Environmental groups seeking methane emissions reductions
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology