summary
Introduced
01/03/2025
01/03/2025
In Committee
01/03/2025
01/03/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To repeal the Inflation Reduction Act of 2022.
AI Summary
This bill proposes to completely repeal the Inflation Reduction Act of 2022, which was a significant piece of legislation passed in 2022 that addressed climate change, healthcare costs, and tax policy. The bill would not only eliminate the entire original law (Public Law 117-169), but also rescind any unobligated funds that were allocated under that law. This means that any previously appropriated but not yet spent money from the original act would be canceled and returned to the Treasury. The bill itself is titled the "Inflation Reduction Act of 2025," which appears to be a strategic naming choice, though the substantive content is solely focused on repealing the 2022 law. If enacted, this would effectively nullify the previous law's provisions related to healthcare subsidies, clean energy investments, corporate tax changes, and other policy initiatives that were part of the original Inflation Reduction Act.
Committee Categories
Budget and Finance
Sponsors (16)
Andy Ogles (R)*,
Andy Biggs (R),
Josh Brecheen (R),
Eric Burlison (R),
Michael Cloud (R),
Eli Crane (R),
Paul Gosar (R),
Harriet Hageman (R),
Anna Luna (R),
Mary Miller (R),
Barry Moore (R),
Scott Perry (R),
Chip Roy (R),
Keith Self (R),
Tom Tiffany (R),
Ryan Zinke (R),
Last Action
Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Agriculture, Natural Resources, Financial Services, Science, Space, and Technology, Transportation and Infrastructure, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 01/03/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/191/all-info |
| BillText | https://www.congress.gov/119/bills/hr191/BILLS-119hr191ih.pdf |
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