Cost-Share Accountability Act of 2023

HR 342, the Cost-Share Accountability Act of 2023, requires the Department of Energy to report to Congress on its use of authority to reduce or eliminate cost-sharing requirements for certain energy projects. The bill mandates that the Secretary submit an initial report within 120 days of enactment and then quarterly reports thereafter. These reports must detail how the Department applied cost-sharing reductions under existing provisions of the Energy Policy Act of 2005. The bill does not change the cost-sharing rules themselves but adds transparency by requiring public reporting to oversight committees.