House Advances FY 2024 Energy & Water Appropriations
House Advances FY 2024 Energy & Water Appropriations
The House of Representatives recently approved H.R. 4394, the Fiscal Year 2024 Energy and Water Development and Related Agencies Appropriations Act. The legislation includes funding for critical research, national defense and economic development activities at the Department of Energy, Department of the Interior, Army Corps of Engineers, and other entities.
The bill provides $56.958 billion in discretionary spending, a $1.113 billion increase in defense spending in comparison to the Fiscal Year 2023 bill, but over $1 billion smaller overall than the Senate’s FY24 Energy & Water package and $2.96 billion under the President’s request. House Appropriators also provided $2.99 billion for the Office of Energy Efficiency and Renewable Energy (EERE), versus $3.68 billion provided by the Senate, teeing up additional conference negotiations that will be complicated by the short calendar and Congress’s lack of action on other appropriations legislation.
The House bill provides $19.114 billion to modernize the nation’s nuclear infrastructure and designates $1.946 billion for Naval Reactors and $2.38 billion for Defense Nuclear Nonproliferation to reduce threats of nuclear terrorism. The bill also allocates funding for supporting domestic uranium enrichment capabilities and advancing small modular reactors and advanced reactor demonstration projects. The bill also adds more than $200 million to produce critical minerals that allow the nation to further invest in the development of renewable energy sources.
To read the full bill and committee report, visit: https://www.congress.gov/bill/118th-congress/house-bill/4394
The bill provides $56.958 billion in discretionary spending, a $1.113 billion increase in defense spending in comparison to the Fiscal Year 2023 bill, but over $1 billion smaller overall than the Senate’s FY24 Energy & Water package and $2.96 billion under the President’s request. House Appropriators also provided $2.99 billion for the Office of Energy Efficiency and Renewable Energy (EERE), versus $3.68 billion provided by the Senate, teeing up additional conference negotiations that will be complicated by the short calendar and Congress’s lack of action on other appropriations legislation.
The House bill provides $19.114 billion to modernize the nation’s nuclear infrastructure and designates $1.946 billion for Naval Reactors and $2.38 billion for Defense Nuclear Nonproliferation to reduce threats of nuclear terrorism. The bill also allocates funding for supporting domestic uranium enrichment capabilities and advancing small modular reactors and advanced reactor demonstration projects. The bill also adds more than $200 million to produce critical minerals that allow the nation to further invest in the development of renewable energy sources.
To read the full bill and committee report, visit: https://www.congress.gov/bill/118th-congress/house-bill/4394
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