Bill > HR5376

This bill proposes several provisions related to energy, climate, and the environment, including: Residential Efficiency and Electrification Rebates: - Provides $4.3 billion to the Department of Energy to establish a Home Owner Managing Energy Savings (HOMES) rebate program, which would provide rebates to homeowners and multifamily building owners for whole-house energy efficiency retrofits. - Provides $4.5 billion for a high-efficiency electric home rebate program to provide rebates to low- and moderate-income households for the purchase of electric appliances, electrification equipment, and home upgrades. Building Efficiency and Resilience: - Provides $330 million to assist states and local governments in adopting the latest building energy codes, and $670 million to assist in adopting zero energy building codes. Department of Energy Loan and Grant Programs: - Provides $3.6 billion to cover the costs of loan guarantees under the Department of Energy's Title XVII Innovative Clean Energy Loan Guarantee Program. - Provides $3 billion for the Advanced Technology Vehicles Manufacturing loan program. - Provides $2 billion for domestic manufacturing conversion grants for efficient and zero-emission vehicles. - Establishes a new Department of Energy Tribal Energy Loan Guarantee Program with $75 million in funding. Electric Transmission: - Provides $2 billion for a program to provide direct loans for the construction or modification of electric transmission facilities designated as necessary in the national interest. - Provides $760 million for grants to state, local, and tribal authorities to facilitate the siting of interstate electricity transmission lines. Industrial Programs: - Provides $5.8 billion for the Department of Energy to provide financial assistance for projects to install or implement advanced industrial technologies at eligible manufacturing facilities to reduce greenhouse gas emissions. Other Provisions: - Extends and modifies various tax credits related to renewable energy, clean vehicles, and carbon capture. - Provides funding for various Department of Energy research, development, and demonstration programs. - Provides funding for conservation, ecosystem restoration, and drought response activities on public lands. - Provides funding for climate change adaptation and resilience activities in U.S. insular areas. - Authorizes offshore wind leasing on the Outer Continental Shelf, including in areas previously withdrawn from leasing. Overall, this bill aims to provide significant federal investment and support for clean energy, energy efficiency, climate resilience, and environmental conservation through a variety of grant, loan, and tax credit programs.

https://www.congress.gov/bill/117th-congress/house-bill/5376/all-info