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Federal

FREE American Energy Act

Source: Congress.gov  ·  1,536 words in original text
This bill requires federal agencies to make decisions on energy project applications within 60 days instead of taking longer. The bill speeds up approval or denial of permits for natural gas, oil, wind, solar and other energy projects. It also changes environmental review rules and ends a tax credit for clean vehicles starting in 2024.
Federal agencies that issue energy permits, the Federal Energy Regulatory Commission, energy companies seeking permits, states where federal land exists, and people who buy electric vehicles.
* Federal agencies must approve or deny pending energy authorization applications within 60 days of the bill becoming law, and all future applications within 60 days of receiving them (Sec. 2(b)) * When a federal agency denies an energy authorization application, it must explain its reasons to Congress within 5 days (Sec. 2(c)) * The Federal Energy Regulatory Commission must approve or deny pending permits within 60 days and all future permits within 60 days of receiving them (Sec. 3(b)) * States can request authority to issue permits for oil and natural gas projects on federal land within their borders (Sec. 6(b)) * Presidential permits are no longer required for oil, natural gas or electric transmission pipelines (Sec. 5(a))
Energy companies will receive permit decisions much faster. States gain power to approve some energy projects on federal land. An older environmental review rule becomes law. A water protection rule becomes law. The electric vehicle tax credit ends on December 31, 2024 instead of December 31, 2032.
* Federal energy authorization: a permit, waiver, license or other approval from a federal agency for natural gas projects, oil and gas drilling, oil and gas lease sales, or alternative energy like geothermal, solar, wind and mineral production (Sec. 2(a)) * FERC authorization: a permit, waiver, license or other approval from the Federal Energy Regulatory Commission for oil pipelines, new natural gas pipelines, liquefied natural gas terminals or hydropower projects (Sec. 3(a)) * Federal land: public lands as defined in the Federal Land Policy and Management Act of 1976 (Sec. 6(a))
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.