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Repeals three specific Inflation Reduction Act provisions that funded homeowner energy programs, rescinds any unobligated funds that had been made available under those provisions, and removes specified text from a related provision to make the statute conform. The effect is to eliminate the named homeowner-energy authorities and to take back any unspent money that had been allocated under them as they existed the day before this law takes effect.
Repeals Section 50122 of the Inflation Reduction Act (Public Law 117–169), identified in the text with statutory citation 42 U.S.C. 18795a.
Repeals Section 50123 of the Inflation Reduction Act (Public Law 117–169), identified in the text with statutory citation 42 U.S.C. 1879b.
Repeals Section 50131 of the Inflation Reduction Act (Public Law 117–169), cited in the text as 136 Stat. 2041.
Rescinds the unobligated balances of any amounts made available under each of the sections described in subsection (a) (i.e., the sections repealed above) as those sections were in effect on the day before the date of enactment of this Act.
Makes a conforming amendment to Section 50121(c)(7) of the Inflation Reduction Act by striking specified text. (The section text shows the amendment but does not display the specific text being struck.)
Who is affected and how:
Homeowners and prospective program beneficiaries: Individuals or households who expected to receive grants, rebates, or other benefits under the repealed homeowner-energy provisions will lose that statutory source of support; planned incentives, applications, or commitments tied to those authorities may be canceled or suspended.
Federal grant recipients and program administrators: Agencies, state and local governments, tribal entities, nonprofits, and other program implementers that received or expected to receive funding or authority under the repealed sections must review obligations, stop new commitments tied to rescinded funds, and adjust program plans.
Residential energy contractors, installers, and supply-chain businesses: Firms that provided or planned to provide goods and services supported by the repealed programs may see reduced demand, cancelled projects, or delayed payments where work depended on future program funding.
Federal budget and Treasury: Rescinding unobligated balances reduces the amount of previously allocated but unspent funding; those amounts are returned or de-obligated, affecting federal outlay planning.
Legal and contractual stakeholders: Parties to grants, cooperative agreements, or procurement contracts will need to determine whether funds were already obligated (and thus generally remain) versus unobligated (rescinded); agencies will need to reconcile accounts and may face administrative appeals or requests for exception in some cases.
Overall, the repeal removes authorities and available-but-unspent funds tied to homeowner energy activities, creating immediate uncertainty for program participants and implementers and requiring administrative reconciliation. The section does not create alternative funding or programmatic replacements.
Repeals 42 U.S.C. 18795a (Section 50122 of Public Law 117–169, Inflation Reduction Act).
Repeals 42 U.S.C. 1879b (Section 50123 of Public Law 117–169, Inflation Reduction Act).
Amends 42 U.S.C. 18795 by striking subsection (c)(7) (corresponding to Section 50121(c)(7) of Public Law 117–169).
Expand sections to see detailed analysis
Read twice and referred to the Committee on Energy and Natural Resources.
Introduced January 30, 2025 by Timothy Patrick Sheehy · Last progress January 30, 2025
Read twice and referred to the Committee on Energy and Natural Resources.
Introduced in Senate