Bill · H.R. 2946· House(119-HR-2946)
Clean Energy Victory Bond Act of 2025
- Introduced
- 4/17/2025
- Last activity
- 4/17/2025 — Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Science, Space, and Technology, 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.
- Sponsored by
- Zoe Lofgren
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
The Clean Energy Victory Bond Act of 2025 directs the Secretary of the Treasury to issue specific bonds to fund clean energy initiatives. These bonds are intended to support projects involving energy efficiency, renewable energy sources, and electric vehicle infrastructure. The money raised will go into a dedicated Clean Energy Victory Bonds Trust Fund. This fund will finance various projects at the federal, state, and local levels. The bill aims to reduce dependence on foreign oil and mitigate the effects of climate change. Additionally, the act seeks to create green jobs and improve energy security through these investments.
Yes· 3 of 19
Does this put more money into wind, solar and other renewable power?+9
The bill creates a dedicated trust fund for renewable energy projects and infrastructure.
Does this cut the pollution that drives climate change?+8
The bill explicitly aims to mitigate climate change through the deployment of clean energy.
Does this put more money into scientific research?+7
The bill provides funding for new innovation research, including through ARPA-E.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Job Creation: Investments in renewable energy and energy efficiency projects are expected to create green jobs across the nation (Section 2).
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Support for Vulnerable Communities: The Secretary must ensure that at least 40 percent of expenditures each year go toward projects in disadvantaged and vulnerable communities that help reduce energy rates (Section 5(a)(1)).
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Economic Benefits from Energy Efficiency: The bill notes that previous investments in energy research have yielded significant net economic benefits and high returns on investment (Section 2).
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Energy Security and Cost Reduction: By choosing clean energy and efficiency, the nation can reduce its dependence on foreign oil and decrease nationwide health and environmental costs (Section 2).
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Consumer Participation: The bonds allow Americans to contribute financially to climate change combat efforts in amounts available to them (Section 2).
Potential Negative Impacts for People
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Financial Risk to Government: The payment of interest and principal for these bonds is backed by the full faith and credit of the United States and paid from the general fund of the Treasury (Section 4(e)).
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Investment Limitations: While the bonds are a way for people to contribute, the aggregate face amount of the bonds issued annually is capped at $50,000,000,000 (Section 4(c)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+5Good For Native Americans+5Good For African Americans+4Good For Business Owners+4Good For Hispanic Americans+4Good For Young Adults+4Good For Children+3Good For Middle Class Households+3
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+9Reduces Carbon Emissions+8Improves Environmental Protections+6Reduces Fossil Fuel Production+5Improves Public Transit+4
- Economy And Finance
- Increases Job Creation+6Improves Economic Growth+5
- Social Issues And Justice
- Improves Racial Equity+5Improves Poverty Reduction+3
- Education And Technology
- Increases Scientific Research Funding+7
- Governance And Ideology
- Increases Federal Power+2
- 4/17/2025
- Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Science, Space, and Technology, 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.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Doris MatsuiDemocrat · California