Rural Energy Savings Act

3/6/2024, 2:01 PM

Summary of Bill HR 3849

The Rural Energy Savings Act, also known as Bill 118 hr 3849, is a piece of legislation introduced in the US Congress that aims to provide financial assistance to rural communities in order to help them improve energy efficiency and reduce energy costs. The bill specifically targets rural areas that may not have access to the same resources and programs as urban areas.

Under the Rural Energy Savings Act, eligible rural communities would be able to apply for loans to fund energy efficiency upgrades in homes, businesses, and public buildings. These upgrades could include things like installing energy-efficient appliances, improving insulation, and upgrading heating and cooling systems.

The goal of the bill is to not only help rural communities save money on their energy bills, but also to reduce overall energy consumption and lower greenhouse gas emissions. By investing in energy efficiency, the bill aims to create jobs, stimulate economic growth, and improve the quality of life in rural areas. Overall, the Rural Energy Savings Act seeks to address the unique energy challenges faced by rural communities and provide them with the support they need to become more sustainable and resilient in the face of a changing climate.

Current Status of Bill HR 3849

Bill HR 3849 is currently in the status of Bill Introduced since June 6, 2023. Bill HR 3849 was introduced during Congress 118 and was introduced to the House on June 6, 2023.  Bill HR 3849's most recent activity was Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development. as of July 10, 2023

Bipartisan Support of Bill HR 3849

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3849

Primary Policy Focus

Energy

Potential Impact Areas

Alternative and renewable resourcesEnergy efficiency and conservationEnergy pricesGovernment lending and loan guaranteesRural conditions and development

Alternate Title(s) of Bill HR 3849

Rural Energy Savings ActRural Energy Savings ActTo amend the Farm Security and Rural Investment Act of 2002 to modify provisions relating to the rural energy savings program.
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