Climate Change Resiliency Fund for America Act of 2021

Summary

Climate Change Resiliency Fund for America Act of 2021 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.

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Timeline

1. 18 March 2021

   Introduced

   Read twice and referred to the Committee on Finance. (text: CR S1649-1651)

   Source: IntroReferral

2. 18 March 2021

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 18 March 2021 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 18 March 2021

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 18 March 2021

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 18 March 2021

  Open at official source

Sponsors

• Richard Durbin · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → Climate Change Resiliency Fund for America Act of 2023
• related to ← Climate Change Resiliency Fund for America Act of 2021