FUEL Reform Act

Hozzl · 2025-01-30T06:23:22Z

Explore the details of House Bill 112 FUEL Reform Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

1/30/2025, 6:23 AM

Summary of Bill HR 112

Bill 119 HR 112, also known as the "Repeal of Department of Agriculture Bioenergy Subsidy Programs Act," aims to eliminate various subsidy programs within the Department of Agriculture that support bioenergy production. These programs provide financial assistance to farmers and businesses involved in the production of biofuels and other renewable energy sources.

The bill seeks to repeal these subsidy programs in order to reduce government spending and eliminate what some lawmakers view as unnecessary government intervention in the energy market. Supporters of the bill argue that these subsidy programs distort market forces and unfairly benefit certain industries at the expense of taxpayers.

Opponents of the bill, however, argue that these subsidy programs play a crucial role in promoting the development of renewable energy sources and reducing dependence on fossil fuels. They argue that repealing these programs could stifle innovation in the bioenergy sector and hinder efforts to combat climate change. Overall, the passage of Bill 119 HR 112 would have significant implications for the bioenergy industry and the broader renewable energy sector. It remains to be seen how lawmakers will ultimately vote on this controversial piece of legislation.

Congressional Summary of HR 112

Farewell to Unnecessary Energy Lifelines Reform Act of 2025 or the FUEL Reform Act

This bill repeals Title IX (Energy) of the Farm Security and Rural Investment Act of 2002 (i.e., the 2002 farm bill). The title authorizes various energy programs that are administered by the Department of Agriculture and primarily provide support and incentives for renewable energy projects. For example, these programs include the BioPreferred Program; the Rural Energy for America Program; and the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program.

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Current Status of Bill HR 112

Bill HR 112 is currently in the status of Bill Introduced since January 3, 2025. Bill HR 112 was introduced during Congress 119 and was introduced to the House on January 3, 2025. Bill HR 112's most recent activity was Referred to the Committee on Agriculture, and in addition to the Committees on Oversight and Government Reform, and Science, Space, and Technology, 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. as of January 3, 2025

Bipartisan Support of Bill HR 112

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Policy Area and Potential Impact of Bill HR 112

Primary Policy Focus

Alternate Title(s) of Bill HR 112

To repeal the Department of Agriculture bioenergy subsidy programs and other related subsidy programs.

Comments

Tucker Richards

423

11 months ago

I think this bill is a good idea because it will save taxpayer money by eliminating unnecessary subsidies for bioenergy programs. It's about time we cut wasteful spending and focus on more important priorities. Who really benefits from this bill?