US SB763 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 12 2019 - 25% progression, died in committee
Action: 2019-03-12 - Read twice and referred to the Committee on Finance. (text: CR S1795-1797)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Provides support to address the impacts of climate change. Specifically, the bill authorizes the Department of the Treasury to issue up to $1 billion in climate change obligations (e.g., bonds) in a fiscal year, with bond proceeds going into the Climate Change Resiliency Fund established by this bill. The fund must be used for a program that finances projects that reduce the economic, social, and environmental impact of the adverse effects of climate change. The Climate Change Advisory Commission, established by this bill, must provide recommendations and guidelines for the program and identify categories of the most cost-effective investments and projects that emphasize multiple benefits to commerce, human health, and ecosystems.

Tracking Information

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Title

Climate Change Resiliency Fund for America Act of 2019

Sponsors


History

DateChamberAction
2019-03-12SenateRead twice and referred to the Committee on Finance. (text: CR S1795-1797)

Same As/Similar To

HB1689 (Same As) 2019-03-13 - Referred to the Subcommittee on Environment and Climate Change.

Subjects


US Congress State Sources


Bill Comments

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