Energy

This bill creates a new federal tax credit for low-to-moderate income homeowners to offset energy costs. It allows a 75% credit for energy expenses (heating/cooling) exceeding 3% of a taxpayer’s modified adjusted gross income, capped at $1,500 annually ($3,000 for joint filers), and only applies to principal residences. The credit is available to individuals with modified AGI under $75,000 ($150,000 for joint returns), beginning in 2025 and expiring after 2027. It directly affects eligible homeowners facing high energy bills relative to their income, without altering other tax provisions.

This bill requires the Department of Energy to create a National Electric Vehicle Bidirectional Charging Roadmap within 12 months, outlining strategies, timelines, and cost estimates for expanding bidirectional charging technology. It mandates that all new light-duty electric vehicles and school buses manufactured starting in 2029 must support bidirectional charging (sending power back to the grid or home), with limited exemptions. The bill also directs FEMA to require states and localities to include bidirectional charging capabilities in disaster recovery plans. These provisions directly affect EV manufacturers, federal agencies, and local governments, aiming to standardize technology and integrate EVs into grid resilience efforts.

HRES 68 is a non-binding House resolution expressing strong disapproval of the President’s announcement to withdraw the U.S. from the Paris Agreement. It commends states, businesses, and citizens supporting the Agreement, urges the President to reverse the withdrawal decision, and calls for Congress to prioritize U.S. climate leadership. The resolution does not create new laws or affect specific groups but formally states the House’s position against withdrawing from the international climate accord. It was introduced by 115 co-sponsors and reflects broad congressional concern about reversing U.S. climate commitments.