Clean Energy and Sustainability Accelerator Act

Summary

Clean Energy and Sustainability Accelerator Act This bill establishes and capitalizes a Clean Energy and Sustainability Accelerator. The independent, nonprofit accelerator must invest in clean energy technologies and infrastructure to reduce greenhouse gas emissions. The accelerator must make capital available to state, territorial, or local green banks. The banks must be public or nonprofit specialized finance entities that use finance tools to mitigate climate change. The accelerator may also provide technical assistance and funding to states and other political subdivisions that do not have green banks to establish such banks. When investing in projects that mitigate greenhouse gas emissions, the accelerator must prioritize investments that serve climate-impacted communities (e.g., communities of color or low-income communities). In addition, the accelerator must explore the establishment of a program to provide low-interest and zero-interest loans, up to 30 years in length, to any school, metropolitan planning organization, or nonprofit organization seeking financing for the acquisition of zero-emissions vehicle fleets or associated infrastructure. Finally, the accelerator must explore the establishment of an accelerated clean energy transition program to (1) expedite the transition within the power sector to zero-emissions power generation facilities or assets, and (2) invest in local economic development in communities affected by this transition away from carbon-intensive facilities or assets.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 4 February 2021

   Introduced

   Referred to the Committee on Energy and Commerce, and in addition to the Committees on Financial Services, Transportation and Infrastructure, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 4 February 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 February 2021

   Introduced

   Introduced in House

   Source: IntroReferral

4. 5 February 2021

   Referred

   Referred to the Subcommittee on Energy.

   Source: Committee

5. 3 March 2021

   Referred

   Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 February 2021 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 February 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 February 2021

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 4 February 2021

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Dingell, Debbie [D-MI-6] · D · Sponsor
• Rep. Fitzpatrick, Brian K. [R-PA-1] · R · Cosponsor
• Rep. Tonko, Paul [D-NY-20] · D · Cosponsor
• Rep. Pingree, Chellie [D-ME-1] · D · Cosponsor
• Rep. Young, Don [R-AK-At Large] · R · Cosponsor
• Rep. Tlaib, Rashida [D-MI-12] · D · Cosponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Cosponsor
• Rep. Lowenthal, Alan S. [D-CA-47] · D · Cosponsor
• Rep. Jones, Mondaire [D-NY-17] · D · Cosponsor
• Rep. Cohen, Steve [D-TN-9] · D · Cosponsor
• Rep. Raskin, Jamie [D-MD-8] · D · Cosponsor
• Rep. Blumenauer, Earl [D-OR-3] · D · Cosponsor
• Rep. Axne, Cynthia [D-IA-3] · D · Cosponsor
• Rep. Cartwright, Matt [D-PA-17] · D · Cosponsor
• Rep. Huffman, Jared [D-CA-2] · D · Cosponsor
• · hsag00 · Standing
• · hspw00 · Standing
• · hsif00 · Standing
• · hsba00 · Standing

Related records

• related to ← CLEAN Future Act
• related to ← LIFT America Act
• related to ← Infrastructure Investment and Jobs Act