Congress retains most energy programs in 2018 Farm Bill through fiscal year 2023

Congress retains most energy programs in 2018 Farm Bill through fiscal year 2023
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24.01.2019

On December 20, 2018, the Agricultural Improvement Act of 2018 (2018 Farm Bill) was signed into law, continuing federal support to a number of renewable electricity and bioenergy-related programs. Authorizations in the 2018 Farm Bill cover fiscal years (FY) 2019 through 2023, during which time energy programs will receive $375 million in mandatory funding, with up to an additional $860 million in discretionary funding. These spending levels represent a 46% decrease in mandatory funding and a 12% increase in discretionary funding compared with the 2014 Farm Bill. Even though discretionary spending increased, discretionary federal support is inherently uncertain because this funding must be authorized by Congress in future appropriations bills.

Full article at eia.gov

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