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United States · Bill · S

S. 3416 (118th)

Climate Change Resiliency Fund for America Act of 2023

referredUnited States· United States Congress· EN

Introduced

6 December 2023

Last action

6 December 2023 · Introduced

Status

Read twice and referred to the Committee on Finance. (text: CR S5809-5810)

Sponsors

Sen. Durbin, Richard J. [D-IL]

Subjects

Environment, Taxation, Climate

Source updated

24 July 2024

Environment · Taxation · Climate

Official sourceDownload fileView documentsShare

Summary

Climate Change Resiliency Fund for America Act of 2023 This bill 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. A percentage of those funds must be used to benefit communities that experience disproportionate impacts from 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.

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

Timeline

  1. 6 December 2023

    Introduced

    Read twice and referred to the Committee on Finance. (text: CR S5809-5810)

    Source: IntroReferral

  2. 6 December 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 6 December 2023

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  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 6 December 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 6 December 2023

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Sponsors

Related records

Sources

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