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Bill > S2261


US S2261

US S2261
Clean Energy Victory Bond Act of 2019


summary

Introduced
07/25/2019
In Committee
07/25/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A BILL To direct the Secretary of the Treasury to issue Clean Energy Victory Bonds. 1

AI Summary

This bill, the Clean Energy Victory Bond Act of 2019, directs the Secretary of the Treasury to issue "Clean Energy Victory Bonds" to finance clean energy projects at the federal, state, and local levels. The proceeds from these bonds, which will be sold to the public, will be used to support various clean energy initiatives, such as energy efficiency upgrades, clean energy deployment, grid enhancements, building renovations, tax incentives, and research and development of revolutionary clean energy technologies. The bill establishes a "Clean Energy Victory Bonds Trust Fund" within the Treasury to manage the bond proceeds and expenditures. The goal of the bill is to increase the production and deployment of clean and renewable energy in the United States, create green jobs, and mitigate the effects of climate change.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Read twice and referred to the Committee on Finance. (on 07/25/2019)

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