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Bill > S2064


US S2064

US S2064
Clean Energy Victory Bond Act of 2021


summary

Introduced
06/15/2021
In Committee
06/15/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

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

AI Summary

This bill, the Clean Energy Victory Bond Act of 2021, directs the Secretary of the Treasury to issue "Clean Energy Victory Bonds" to fund clean energy projects at the federal, state, and local level. The bonds are intended to be similar to the "Victory Bonds" issued during World War II, allowing Americans to invest in projects that promote renewable energy, energy efficiency, and electric vehicle infrastructure. The bill establishes a new "Clean Energy Victory Bonds Trust Fund" within the Treasury, which will receive the revenue from the bond sales and use it to finance various clean energy initiatives, with at least 40% of the funds going to projects that benefit disadvantaged and vulnerable communities.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Read twice and referred to the Committee on Finance. (on 06/15/2021)

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