Reclaiming the Solar Supply Chain Act of 2023

House Bill 4990 - Reclaiming the Solar Supply Chain Act of 2023: Overview, Status, and Impact

Hozzl · 2024-02-05T14:30:09Z

Explore the details of House Bill 4990 Reclaiming the Solar Supply Chain Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Energy. Stay informed on legislative developments.

2/5/2024, 2:30 PM

Congressional Summary of HR 4990

Reclaiming the Solar Supply Chain Act of 2023

This bill requires the Department of Energy (DOE) to establish a program that awards grants, loan guarantees, and direct loans to support a solar component manufacturing supply chain. Under the program, DOE must award grants, loan guarantees, and loans to manufacturers and other eligible entities for (1) constructing new facilities that manufacture solar components; and (2) retooling, retrofitting, or expanding existing facilities that manufacture solar components.

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Current Status of Bill HR 4990

Bill HR 4990 is currently in the status of Bill Introduced since July 27, 2023. Bill HR 4990 was introduced during Congress 118 and was introduced to the House on July 27, 2023. Bill HR 4990's most recent activity was Referred to the Subcommittee on Energy, Climate and Grid Security. as of July 28, 2023

Bipartisan Support of Bill HR 4990

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4990

Primary Policy Focus

Energy

Alternate Title(s) of Bill HR 4990

Reclaiming the Solar Supply Chain Act of 2023

To require the Secretary of Energy to carry out a program to provide grants and loans to support and expand the domestic solar component manufacturing supply chain, and for other purposes.