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Clean Energy Victory Bond Act of 2021
12/30/2022, 5:47 PM
Summary of Bill HR 3886
Bill 117 HR 3886, also known as the Clean Energy Victory Bond Act of 2021, is a piece of legislation introduced in the US Congress. The purpose of this bill is to create a new type of bond, called Clean Energy Victory Bonds, that would allow individuals to invest in clean energy projects.
The Clean Energy Victory Bonds would be issued by the US Treasury and would be used to fund renewable energy projects, energy efficiency initiatives, and other clean energy technologies. The bonds would have a fixed interest rate and would be available for purchase by individuals, businesses, and organizations.
The goal of the Clean Energy Victory Bond Act is to promote the development of clean energy sources and reduce the country's reliance on fossil fuels. By providing a new investment opportunity for individuals interested in supporting clean energy, the bill aims to accelerate the transition to a more sustainable energy future. Overall, the Clean Energy Victory Bond Act of 2021 is a bipartisan effort to encourage investment in clean energy projects and promote environmental sustainability. It represents a step towards reducing carbon emissions and combating climate change through innovative financial mechanisms.
The Clean Energy Victory Bonds would be issued by the US Treasury and would be used to fund renewable energy projects, energy efficiency initiatives, and other clean energy technologies. The bonds would have a fixed interest rate and would be available for purchase by individuals, businesses, and organizations.
The goal of the Clean Energy Victory Bond Act is to promote the development of clean energy sources and reduce the country's reliance on fossil fuels. By providing a new investment opportunity for individuals interested in supporting clean energy, the bill aims to accelerate the transition to a more sustainable energy future. Overall, the Clean Energy Victory Bond Act of 2021 is a bipartisan effort to encourage investment in clean energy projects and promote environmental sustainability. It represents a step towards reducing carbon emissions and combating climate change through innovative financial mechanisms.
Congressional Summary of HR 3886
Clean Energy Victory Bond Act of 2021
This bill directs the Department of the Treasury to issue Clean Energy Victory Bonds for investment in clean energy projects at the federal, state, and local level.
Read the Full Bill
Current Status of Bill HR 3886
Bill HR 3886 is currently in the status of Bill Introduced since June 15, 2021. Bill HR 3886 was introduced during Congress 117 and was introduced to the House on June 15, 2021. Bill HR 3886's most recent activity was Referred to the Subcommittee on Energy. as of June 16, 2021
Bipartisan Support of Bill HR 3886
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
4Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3886
Primary Policy Focus
EnergyPotential Impact Areas
- Air quality
- Alternative and renewable resources
- Building construction
- Climate change and greenhouse gases
- Energy efficiency and conservation
- Energy research
- Energy storage, supplies, demand
- Environmental health
- Environmental technology
- Government lending and loan guarantees
- Government trust funds
- Hybrid, electric, and advanced technology vehicles
- Income tax credits
- Interest, dividends, interest rates
- Manufacturing
- Poverty and welfare assistance
- Securities
Alternate Title(s) of Bill HR 3886
Clean Energy Victory Bond Act of 2021
To direct the Secretary of the Treasury to issue Clean Energy Victory Bonds.
Clean Energy Victory Bond Act of 2021
Comments
Sponsors and Cosponsors of HR 3886
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