HR 3330 IH: A Comprehensive Guide (Direct Link)
This blog post provides a detailed analysis and explanation of HR 3330 IH, a comprehensive bill that aims to address various energy-related issues.
Section 1: Title and Short Title
This Act may be cited as the “Energy Independence and Security Act of 2025” or the “EISA 2025”.
SEC. 101. SHORT TITLE
(a) Short title.—This Act may be cited as the “Energy Independence and Security Act of 2025” or the “EISA 2025”.
Section 2: Table of Contents
Section 102: Findings and Purposes
(a) Findings.—Congress finds—
(1) that the Nation has a critical dependency on foreign oil;
(2) that the use of domestic energy resources, including natural gas, coal, nuclear energy, and renewable energy sources, is essential to the economic security and independence of the United States;
(3) that the Nation’s current energy policies are inadequate to meet the Nation’s growing energy demands while ensuring a high level of environmental protection;
(4) that the Nation has made significant progress in increasing its production of domestic energy resources, including natural gas, coal, nuclear energy, and renewable energy sources, but that more can be done; and
(5) that it is essential to ensure that any new or increased use of fossil fuel energy sources is subject to strict environmental standards.
SEC. 102.(a) Findings
(1) The Nation has a critical dependency on foreign oil;
(2) The use of domestic energy resources, including natural gas, coal, nuclear energy, and renewable energy sources, is essential to the economic security and independence of the United States;
(3) The Nation’s current energy policies are inadequate to meet the Nation’s growing energy demands while ensuring a high level of environmental protection;
(4) The Nation has made significant progress in increasing its production of domestic energy resources, including natural gas, coal, nuclear energy, and renewable energy sources, but that more can be done; and
(5) It is essential to ensure that any new or increased use of fossil fuel energy sources is subject to strict environmental standards.
Section 23: Repeal on Tax on Petroleum
(a) Chapter 38 amended.—Chapter 38 of the Internal Revenue Code of 1986 is amended by striking subchapter A and substituting therefor a new subchapter A.
“(c) Exemptions for substances taxed under section 4661.—No tax shall be imposed by this section on the sale or use of any substance if tax is imposed on such sale or use under section 4661.”