After the 2022 passage of the Inflation Reduction Act, the BlueGreen Alliance released a user guide that detailed how provisions of that law would drive new investments in good jobs and climate action, and help build resilient and healthy communities. We encourage readers to refer to that analysis for questions about the Inflation Reduction Act.

This summary focuses on key changes made to the Inflation Reduction Act by the “One Big Beautiful Bill Act” (OBBBA), with a focus on changes to tax credits, loans, and grants that were creating good jobs, addressing climate change, and building more resilient communities. Like the Inflation Reduction Act, the OBBBA is expansive and includes tax policy and health care provisions that—while significant—fall outside of the scope of this resource.

The passage of OBBBA occurred alongside other Trump administration attacks on Inflation Reduction Act investments, primarily through frozen and terminated grants. These actions are unprecedented, pitching grantees into confusion and uncertainty and kneecapping investments critical to the economic future of whole communities and industries. Where possible, we include an update on the status of these actions.