0
0

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.

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.

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
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
4
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3886

Primary Policy Focus

Energy

Potential 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