Proposal:Climate Change Resiliency Fund for America Act of 2019

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.

Bill	S 763
Type of Legislation	Senate Bill
Congress	116
Source	View original on Congress.gov

Geographic Scope

National

Description

Climate Change Resiliency Fund for America Act of 2019

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.

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.

Bill Title

Climate Change Resiliency Fund for America Act of 2019

Linked Goals

• Goal:Promote General Welfare

Steps

• 2019-03-12: Read twice and referred to the Committee on Finance. (text: CR S1795-1797)
• 2019-03-12: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.