Energy

The Congressional Review Act (CRA), enacted in 1996 as part of the Small Business Regulatory Enforcement Fairness Act, provides Congress the authority to overturn federal agency regulations through a joint resolution of disapproval. If both chambers pass the resolution and the president signs it, or Congress overrides a presidential veto, the rule is nullified, and the issuing agency is prohibited from reissuing the rule in “substantially the same form” without further congressional authorization. The CRA offers a streamlined legislative process: the resolution is not subject to filibuster in the Senate and requires only a simple majority vote, provided it is considered within 60 legislative days of the rule being submitted to Congress.

This memo provides a side-by-side comparison of proposed changes to energy-related tax credits under the House and Senate versions of the budget reconciliation package. It outlines how each proposal would alter or eliminate current incentives for clean energy deployment, electric vehicles, building efficiency, and domestic manufacturing. Special attention is given to phase-out timelines, eligibility modifications, and newly introduced restrictions, particularly those related to foreign entities of concern (FEOCs). The following summary is organized by tax credit category for ease of reference.

Hearing on Opportunities and Challenges in Deploying Innovative Battery and Non-Battery Technologies for Energy Storage

Tightening the Screws on Russia: Smart Sanctions, Economic Statecraft and Next Steps

On Wednesday, September 21, 2022, Senator Joe Manchin (D-WV) released the full legislative text of his long-awaited permitting reform plan, entitled the “Energy Independence and Security Act of 2022.”