🔓
Sign in as a Member to unlock the full view of HR.6983. · Full carveout list, all affected companies, party defectors, and 30-day trade predictions.
Become a Member$24.50/mo already a Member? Sign in →
HR.6983 · 119TH CONGRESS

PRICE Act

Status
In Committee
Latest Action
2026-01-08
Sponsor
Menendez, Robert (D-New Jersey)
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
0
Full Text
2,151 chars
Alive
Yes

What This Bill Does · Plain English

Summary
Plain-English summary not yet available for this bill. Check back after our next analysis run.

Action Timeline

2026-01-08
Referred to the House Committee on Energy and Commerce.
2026-01-08
Introduced in House
2026-01-08
Introduced in House

Frequently Asked Questions

Did HR.6983 pass?
HR.6983 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored HR.6983?
HR.6983 was sponsored by Robert Menendez (D-New Jersey).

Full Bill Text

119 HR 6983 IH: Preventing Rate Inflation in Consumer Energy Act U.S. House of Representatives 2026-01-08 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 2d Session H. R. 6983 IN THE HOUSE OF REPRESENTATIVES January 8, 2026 Mr. Menendez (for himself and Mr. Casar ) introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To require data centers to generate electricity, and for other purposes. 1. Short title This Act may be cited as the Preventing Rate Inflation in Consumer Energy Act or the PRICE Act . 2. Requirement for data centers to generate electricity (a) Requirement Each data center located in the United States shall generate all of the electricity the data center consumes each year. (b) Use of clean energy sources (1) 75 percent During the period beginning on January 1, 2035, and ending on the date described in paragraph (2), not less than 75 percent of the electricity generated by a data center for purposes of subsection (a) shall be from a clean energy source. (2) 100 percent Beginning on January 1, 2040, 100 percent of the electricity generated by a data center for purposes of subsection (a) shall be from a clean energy source. (c) Enforcement (1) Civil penalty Any data center that violates any provision of this section shall be subject to a civil penalty of not more than $100,000 per day until the violation is rectified. (2) Establishment of administrative process Not later than 30 days after the date of enactment of this Act, the Secretary of Energy shall establish an administrative process for the issuance of civil penalties for violations of this section. (d) Definitions In this section: (1) Clean energy source The term clean energy source includes a solar, wind, battery, green hydrogen, hydropower, and geothermal source. (2) Data center The term data center means a facility that— (A) is described in section 453(a)(1) of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17112(a)(1) ); and (B) consumes at least 50 megawatts each day.
🔒 GovGreed Pro · Trading Intelligence on HR.6983 Get Access — $24.50/mo
Loading intelligence layer…
Bill text sourced from GovInfo.gov · public domain · last updated 2026-08-28. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]