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Proposal to Change the Official Name of the Inflation Reduction Act (IRA)

This bill solely proposes changing the official short title of the existing law known as the Inflation Reduction Act (IRA). This change introduces no new tax breaks, obligations, or modifications to current energy or personal finance provisions for citizens. The only consequence is a change in how the law will be officially referenced in legal documents.
Key points
No substantive changes: All tax credits, spending, and regulations introduced by the original IRA remain in effect.
Name change only: The IRA would receive a new, critical short title: 'Lied about Inflation and Energy Dependence Act of 2022' (LIED Act of 2022).
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Citizen Poll
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Additional Information
Print number: 118_HR_9798
Sponsor: Rep. Arrington, Jodey C. [R-TX-19]
Process start date: 2024-09-25