Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 359) to Amend the Energy Policy Act of 2005 to require reporting relating to certain cost-share requirements, and for other purposes.…
Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 359) to Amend the Energy Policy Act of 2005 to require reporting relating to certain cost-share requirements, and for other purposes.
Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and include extraneous material on H.R. 359, the bill now under consideration.
Mr. Speaker, I yield myself such time as I may consume.
H.R. 359, the Cost-Share Accountability Act of 2025, is a good government bill that does exactly what it says: It improves accountability.
Led by Mr. Obernolte, this bill requires the Department of Energy (DOE) to submit a quarterly report to Congress describing instances where it has modified or waived cost-share requirements and make these reports publicly available.
DOE is subject to cost-share requirements when making awards for research, development, demonstration, and commercial application activities. This means that each project must have a certain funding percentage, usually at least 50 percent, contributed by the award recipient. However, DOE can modify or eliminate those requirements, when necessary, which is an authority that can be critical to supporting early-stage technologies.
H.R. 359 does not prevent DOE from waiving cost-share requirements. It simply ensures that any changes are reported to Congress and are made public. Transparency and accountability are important because they allow us to track how taxpayer dollars are spent once appropriated to
Mr. Speaker, I yield as much time as he may consume to the gentleman from California (Mr. Obernolte) to speak on his bill.
Mr. Speaker, I yield myself the balance of my time.
Mr. Speaker, this bill passed the House with unanimous support in the 118th Congress and is a prime example of the bipartisan backing for Congress' role in overseeing transparent and efficient spending by Federal agencies. I thank Representative Obernolte for leading this legislation again in the 119th Congress and Representative Foster for cosponsoring it.
Mr. Speaker, I urge all my colleagues to join me in support of this bill, and I yield back the balance of my time.
Mr. Speaker, on that I demand the yeas and nays.