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119th U.S. Congress Passes 4 Bills · Prestons Super Show

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  The 119th Congress passes 4 bills, the State Planning for
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  Reliability and Affordability Act.
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  The big deal out of this bill is a provision that mandates state
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  authorities to evaluate measures to make electric energy readily
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  available. It gives them a 10 year window
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  to do this. My take on that is this is
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  purely administrative. Anytime a politician says
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  something is going to happen over a 10 year period or longer
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  than their term is, more than likely is saying it's not
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  happening. But here's this piece of paper
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  claiming it is. Next up, we have the Electric
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  Supply Chain Act, otherwise known as HR 3638.
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  This bill aims to enhance energy, prevent outages, and
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  provide lower cost. It makes the Department of
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  Energy periodically reassess the supply chain for electricity and
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  issues with the grid, but it's mainly directed towards
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  providing sufficient energy to AI data centers.
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  This is a better bill than the last one, but it doesn't go far
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  enough. Next up the third bill, the
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  INVEST Act, HR 3383. This bill has been in the works
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  since May of earlier this year. An overview of this bill is it
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  amends the Securities Act of 19331934 and two other bills
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  from the 1940's. The reasoning behind this bill
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  is to open up capital access to more small businesses, increase
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  investor opportunities, and strengthen public markets.
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  It's hard to believe Congress or the government has the solutions
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  for the private sector, but you have to give them credit for
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  trying. Small businesses are being
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  crushed. New businesses need the help.
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  This bill only helps businesses that are doing well.
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  Last up, we have the PERMIT Act. This has been a big one in the
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  news. Otherwise known as HR 3898, this
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  bill amends the federal Water Pollution Control Act.
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  The PERMIT Act is designed to speed up the permitting process,
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  bring up the water quality standards, and remove the
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  regulatory burdens around infrastructure projects.
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  I believe we will see the PERMIT Act and the INVEST Act done.
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  However, the communication between the House and Senate is
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  not very strong. As you can see.
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  We have a bill, the INVEST Act, which was sitting there since
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  May. We pray for the best, but I do
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  find it slightly funny that the Republicans have the majority
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  but are taking baby steps.