summary
Introduced
09/21/2023
09/21/2023
In Committee
09/22/2023
09/22/2023
Crossed Over
Passed
Dead
01/03/2025
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
Official Document
bill text
bill summary
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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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