Saving America’s Energy Future Act

12/15/2023, 3:55 PM

Summary of Bill HR 1362

Bill 118 hr 1362, also known as the Saving America’s Energy Future Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote energy efficiency and reduce the country's reliance on fossil fuels.

One of the key provisions of the Saving America’s Energy Future Act is the establishment of a national energy efficiency standard. This standard would require utilities to meet certain energy efficiency targets, which would help reduce overall energy consumption and lower greenhouse gas emissions.

Additionally, the bill includes measures to promote the use of renewable energy sources, such as wind and solar power. This includes providing incentives for the development of renewable energy projects and increasing funding for research and development in the renewable energy sector. The Saving America’s Energy Future Act also aims to improve energy efficiency in buildings and transportation. This includes providing grants and loans for energy efficiency upgrades in homes and businesses, as well as investing in public transportation infrastructure to reduce reliance on cars and trucks. Overall, the Saving America’s Energy Future Act is a comprehensive piece of legislation that seeks to address the challenges of climate change and energy security by promoting energy efficiency and renewable energy sources. It is currently being debated in Congress, and its passage could have significant implications for the country's energy future.

Congressional Summary of HR 1362

Saving America's Energy Future Act

This bill prohibits the Department of Agriculture and the Department of the Interior from declaring a moratorium on issuing new oil and gas leases and drill permits on certain federal lands. In addition, the bill prohibits the departments from declaring a moratorium on renewals of such permits.

Current Status of Bill HR 1362

Bill HR 1362 is currently in the status of Bill Introduced since March 3, 2023. Bill HR 1362 was introduced during Congress 118 and was introduced to the House on March 3, 2023.  Bill HR 1362's most recent activity was Referred to the Subcommittee on Forestry. as of April 4, 2023

Bipartisan Support of Bill HR 1362

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
18
Democrat Cosponsors
0
Republican Cosponsors
18
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1362

Primary Policy Focus

Energy

Alternate Title(s) of Bill HR 1362

Saving America’s Energy Future ActSaving America’s Energy Future ActTo prohibit the Secretary of the Interior and the Secretary of Agriculture from issuing a moratorium on issuing new oil and gas leases and drill permits on certain Federal lands.
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