This part wipes out one section of a 2022 law and takes back its unspent money. It then takes back unspent money from eight more sections of the same law. Money already promised out is not touched.
“Section 50142 of Public Law 117-169 (136 Stat. 2044) (commonly known as the "Inflation Reduction Act of 2022") is repealed and the unobligated balance of amounts made available under that section (as in effect on the day before the date of enactment of this Act) is rescinded.”
The section repeals section 50142 of Public Law 117-169 and rescinds the unobligated balance of amounts made available under that section as it stood the day before enactment of this Act. That law is not indexed here, so what the repealed section provided cannot be checked against anything on this site.
What the document actually says
“Section 50142 of Public Law 117-169 (136 Stat. 2044) (commonly known as the "Inflation Reduction Act of 2022") is repealed and the unobligated balance of amounts made available under that section (as in effect on the day before the date of enactment of this Act) is rescinded.”
That sentence, in plain words
One section of a 2022 law is wiped out. The money it set aside is taken back. Only the part not yet promised out is taken.
What this is about
The balance is measured as it stood the day before this law. Money already committed is left alone. The older law is not indexed here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
“The unobligated balances of amounts made available under the sections described in paragraph (2) are rescinded.”
The section rescinds the unobligated balances of amounts made available under eight sections of Public Law 117-169: section 50123 (42 U.S.C. 18795b), section 50141 (136 Stat. 2042), section 50144 (136 Stat. 2044), section 50145 (136 Stat. 2045), section 50151 (42 U.S.C. 18715), section 50152 (42 U.S.C. 18715a), section 50153 (42 U.S.C. 18715b) and section 50161 (42 U.S.C. 17113b).
What the document actually says
“The unobligated balances of amounts made available under the sections described in paragraph (2) are rescinded.”
That sentence, in plain words
Money set aside by several sections is taken back. Only the part not yet promised out is taken. The list that follows names those sections.
What this is about
Eight sections of the 2022 law are named. Money already committed is left alone. What each section funded is not recorded here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Both things the section does: the repeal of section 50142 with the rescission of its unobligated balance, and the rescission of the unobligated balances of eight further sections.
The eight sections are listed with their citations in the summary rather than recorded one by one.
The rescissions reach sections of Public Law 117-169, which is not indexed here, so how much sat in those accounts and what they funded cannot be checked against anything on this site.
