United States Congress
American Renewable Energy Act of 2024
November 20, 2024
Summary
The American Renewable Energy Act of 2024 is an introduced Senate bill that would add a federal renewable electricity standard to PURPA, requiring retail electricity suppliers that sold at least 1,000,000 MWh in the prior year to obtain federal renewable electricity credits for renewable electricity. It also includes definitions and provisions aimed at environmental justice and impacted communities. The bill is not enacted and does not regulate mortgage lending or servicing, so it imposes no mortgage compliance obligations.
AI-generated summary · Oct 1, 2026. Verify with your compliance counsel before acting.
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Source: https://www.congress.gov/bill/118th-congress/s-bill/5352
Common questions
- What does "American Renewable Energy Act of 2024" cover?
- The American Renewable Energy Act of 2024 is an introduced Senate bill that would add a federal renewable electricity standard to PURPA, requiring retail…
- Which agency issued this update?
- This update was issued by United States Congress.
- When was it published?
- It was published on November 20, 2024.