The FUEL Reform Act, also known as the Farewell to Unnecessary Energy Lifelines Reform Act of 2023, aims to eliminate unnecessary federal subsidies for certain energy industries. It seeks to promote a more efficient and market-driven approach to energy production by phasing out subsidies that are deemed no longer necessary. The bill intends to encourage innovation and competition in the energy sector while ensuring taxpayer funds are used effectively. This legislation could lead to significant changes in how federal support is allocated within the energy industry and potentially impact the competitiveness of various energy sources.
2023-01-09: Introduced in House
2023-01-09: Referred to the Committee on Agriculture, and in addition to the Committees on Oversight and Accountability, and Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2023-02-13: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
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