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Repeals Inflation Reduction Act of 2022
Recent Bills/Repeals Inflation Reduction Act of 2022

Repeals Inflation Reduction Act of 2022

IntroducedJanuary 3, 2025
Passed Senate1 year ago
Intro
House
Senate
Pres
Passed/agreed to in Senate
Why This Matters

This bill repeals the Inflation Reduction Act of 2022, eliminating its provisions and funding.

If you rely on energy tax credits or healthcare subsidies, this bill removes those benefits starting in 2025.
Who this affects
Individuals benefiting from tax credits · Families benefiting from tax credits · Individuals receiving healthcare subsidies · Families receiving healthcare subsidies
What changes is this bill making?
  1. 1This bill removes the Inflation Reduction Act of 2022 from law.
  2. 2It cancels any unspent funds allocated under the previous act.
  3. 3The repeal affects various programs related to energy and agriculture.
  4. 4This change could impact tax credits for renewable energy investments.
  5. 5It may lead to higher costs for consumers in energy and healthcare.
Read the detailed summary

Inflation Reduction Act of 2025This bill repeals the Inflation Reduction Act of 2022 and rescinds any unobligated funds made available by the act.

Bill Progress4 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
House
Senate
Pres
IntroducedJan 3, 2025
Sponsors
See all 16 sponsors
HouseMar 5, 2025
SenateApr 30, 2025
PresidentCurrent

Passed/agreed to in Senate

The President

Donald Trump
President
Awaiting Signature
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