Inflation Reduction Act of 2022

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The Inflation Reduction Act of 2022 is a major U.S. federal law focused on climate and clean energy investment, prescription drug pricing reform, and deficit reduction, enacted under President Joe Biden.

All labels observed (1)

Label Occurrences
Inflation Reduction Act of 2022 canonical 3

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal statute
climate policy legislation
administration Biden administration
aimsTo accelerate clean energy deployment
lower prescription drug costs
reduce greenhouse gas emissions
reduce the federal budget deficit
support domestic clean energy manufacturing
alsoKnownAs IRA
chamberOfOrigin United States House of Representatives
containsProvision IRS enforcement funding
Medicare out-of-pocket drug cost cap
Medicare prescription drug price negotiation
clean energy tax credits
corporate alternative minimum tax
domestic clean energy manufacturing incentives
electric vehicle tax credits
environmental justice and community investment programs
excise tax on stock buybacks
home energy efficiency incentives
methane emissions fee
rural energy and agriculture climate programs
country United States of America
surface form: United States
dateSigned 2022-08-16
enactedBy 117th United States Congress
estimatedClimateAndEnergySpending hundreds of billions of U.S. dollars
focus clean energy investment
climate change mitigation
deficit reduction
prescription drug pricing reform
tax reform
jurisdiction United States government
surface form: federal government of the United States
otherChamber United States Senate
partyOfPresidentAtEnactment Democratic Party
policyArea climate policy
energy policy
fiscal policy
health policy
presidentAtEnactment Joe Biden
publicLawNumber Public Law 117-169
relatedTo Build Back Better
surface form: Build Back Better Act
sectorAddressed buildings
energy
health care
manufacturing
transportation
signedBy Joe Biden
yearEnacted 2022

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Biden administration legislationSigned Inflation Reduction Act of 2022
117th United States Congress passedLegislation Inflation Reduction Act of 2022
United States energy policy apparatus hasFramework Inflation Reduction Act of 2022