No Big Fossil Bailouts on Your Power Bill Act
Sen. Markey Introduces Bill to Stop Emergency Bailouts for Fossil Fuel Power Plants
This bill was recently introduced in the Senate and is currently being reviewed by the Committee on Energy and Natural Resources. It is in the early stages of the legislative process and has no upcoming votes scheduled at this time. The bill is considered active as it waits for further consideration by the committee.
Legislative Progress
This bill is led by progressive Democrats and faces strong opposition from the fossil fuel industry and many lawmakers who prioritize grid reliability over environmental rules.
Key Points
Impact Analysis
Personal Impact
Life & Work
Small businesses are commercial electricity customers who would receive the same cost transparency notices required under this bill. While the transparency and rate-impact analysis could protect them from hidden costs, in rare cases where an aging plant must close and grid reliability is strained, small businesses in affected areas could face higher short-term energy costs or reliability concerns during the transition.
Disabilities
Milestones
Read twice and referred to the Committee on Energy and Natural Resources.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
No Big Fossil Bailouts on Your Power Bill Act
Data Sources
Sponsor
Cosponsors
(4)Analysis generated by AI. Always verify with official sources.