Bill

Bill > HR5618


US HR5618

US HR5618
Clean Energy Victory Bond Act of 2023


summary

Introduced
09/21/2023
In Committee
09/22/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th 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 2023, directs the Secretary of the Treasury to issue "Clean Energy Victory Bonds" to fund clean energy projects at the federal, state, and local levels. The bill establishes a "Clean Energy Victory Bonds Trust Fund" to finance initiatives such as energy efficiency upgrades, clean energy deployment, grid enhancements, and zero-emission vehicle infrastructure. At least 40% of the funds must be spent on projects in disadvantaged and vulnerable communities. The bonds will be issued as savings bonds and are backed by the full faith and credit of the United States, with the goal of encouraging public investment in clean energy and job creation.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (5)

Last Action

Referred to the Subcommittee on Energy, Climate and Grid Security. (on 09/22/2023)

Bill Topics

Energy
  • ‐ Alternative and Renewable Energy
  • ‐ Energy Conservation
  • ‐ Research and Development

bill text


bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://www.congress.gov/bill/118th-congress/house-bill/5618/all-info 09/22/2023
BillText https://www.congress.gov/118/bills/hr5618/BILLS-118hr5618ih.pdf 09/26/2023
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