Cost-Share Accountability Act of 2023

Floor Speech

Mr. Speaker, I join the chairman today in supporting H.R. 342, the Cost-Share Accountability Act of 2023. I am pleased that today we are considering this bill.

Many of the clean energy technologies deployed throughout the Nation today have benefited from financial support from the Department of Energy.

The bipartisan Cost-Sharing Accountability Act of 2023 would strengthen the reporting requirements related to certain cost-sharing requirements at DOE.

Specifically, the bill would require the Secretary of Energy to report on the use of the statutory authority to reduce or eliminate cost-sharing requirements for research, for development, for demonstration, as well as commercial application activities.

As the chairman has noted, better reporting on financial assistance will help us to ensure that taxpayer dollars are being spent wisely. As mentioned, we passed a matching version of this bill under a suspension of the rules in the last Congress. It is time, we hope, for the Senate to take this bill up and pass it this year after the House passes this again.

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Ms. LOFGREN. Mr. Speaker, I thank my colleague from California (Mr. Obernolte) for introducing this bill.

I yield 2 minutes to the gentleman from Illinois (Mr. Foster), the cosponsor of this bill and last year's chair of the Investigations and Oversight Subcommittee.

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Ms. LOFGREN. Mr. Speaker, let me close by urging everyone to support this good bill, and let's celebrate carrying on the fine tradition of bipartisan legislative action in the Science Committee. I look forward to the rest of this Congress.

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