The "Restoring Renewable Energy Parity Act" seeks to counteract recent executive actions and documents that could impede renewable energy development. It specifically directs the Secretary of Commerce to discontinue an investigation into wind turbine imports under Section 232 of the Trade Expansion Act of 1962. Furthermore, the bill prohibits the Secretary of Health and Human Services from taking any action that hinders wind, solar, or geothermal development. A core provision is the repeal of several executive documents , including Executive Order 14315, a Presidential memorandum on offshore wind leasing, and various Secretarial Orders from the Department of the Interior and Agriculture, along with IRS guidance and Army Corps of Engineers policy, all issued in 2025. These repealed documents generally relate to ending market-distorting subsidies, reviewing leasing practices, and managing federal energy resources. The legislation also prevents the reissuance of substantially similar executive documents without specific Congressional authorization. To further support renewable projects, the bill requires the Secretary of Defense to approve certain mitigation agreements for wind and solar facilities within 30 days. It also ensures continued access to the U.S. Fish and Wildlife Service's IPaC Portal for permitting wind, solar, geothermal, or storage projects. Finally, the bill establishes a 60-day deadline for federal agencies to process continuation applications for multi-year financial assistance awards , deeming them granted if no decision is made within that timeframe. It also limits the rescission of appropriations for fiscal years 2026 and 2027 unless enacted through an appropriation Act.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Energy
Restoring Renewable Energy Parity Act
USA119th CongressS-4721| Senate
| Updated: 6/9/2026
The "Restoring Renewable Energy Parity Act" seeks to counteract recent executive actions and documents that could impede renewable energy development. It specifically directs the Secretary of Commerce to discontinue an investigation into wind turbine imports under Section 232 of the Trade Expansion Act of 1962. Furthermore, the bill prohibits the Secretary of Health and Human Services from taking any action that hinders wind, solar, or geothermal development. A core provision is the repeal of several executive documents , including Executive Order 14315, a Presidential memorandum on offshore wind leasing, and various Secretarial Orders from the Department of the Interior and Agriculture, along with IRS guidance and Army Corps of Engineers policy, all issued in 2025. These repealed documents generally relate to ending market-distorting subsidies, reviewing leasing practices, and managing federal energy resources. The legislation also prevents the reissuance of substantially similar executive documents without specific Congressional authorization. To further support renewable projects, the bill requires the Secretary of Defense to approve certain mitigation agreements for wind and solar facilities within 30 days. It also ensures continued access to the U.S. Fish and Wildlife Service's IPaC Portal for permitting wind, solar, geothermal, or storage projects. Finally, the bill establishes a 60-day deadline for federal agencies to process continuation applications for multi-year financial assistance awards , deeming them granted if no decision is made within that timeframe. It also limits the rescission of appropriations for fiscal years 2026 and 2027 unless enacted through an appropriation Act.