S. 2860 · 114th Congress
Climate Change Adapt America Bond Act of 2016
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
BoxerSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the Department of the Treasury to issue Climate Change Bonds. The proceeds from the bonds must be deposited in the Adapt America Fund established by this bill within the Department of Commerce.
What it does: CRS summary · Introduced in Senate · Apr 27, 2016
Climate Change Adapt America Bond Act of 2016
This bill requires the Department of the Treasury to issue Climate Change Bonds. The proceeds from the bonds must be deposited in the Adapt America Fund established by this bill within the Department of Commerce.
Commerce must carry out an investment program to fund projects, using bond revenue, that aid in adaption to climate change.
The bill establishes the Climate Change Advisory Commission to: (1) establish recommendations, frameworks, and guidelines for the program; and (2) identify categories of the most cost-effective investments and projects that emphasize multiple benefits to commerce, human health, and ecosystems.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Climate Change Adapt America Bond Act of 2016
Latest action (Apr 27, 2016): Read twice and referred to the Committee on Finance.
Policy area: Environmental Protection · Origin: Senate · Introduced: Apr 27, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.