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]
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.
Title
Climate Change Resiliency Fund for America Act of 2019
Sponsors
Sen. Richard Durbin [D-IL] |
History
Date | Chamber | Action |
---|---|---|
2019-03-12 | Senate | Read 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
Advisory bodies
Air quality
Climate change and greenhouse gases
Department of Commerce
Environmental protection
Executive agency funding and structure
Infrastructure development
Securities
Air quality
Climate change and greenhouse gases
Department of Commerce
Environmental protection
Executive agency funding and structure
Infrastructure development
Securities
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/763/all-info |
Text | https://www.congress.gov/116/bills/s763/BILLS-116s763is.pdf |