S 2860
114th Congress
Senate
Environmental Protection
Advisory bodies
Climate change and greenhouse gases
Department of Commerce
Executive agency funding and structure
Infrastructure development
Securities
Climate Change Adapt America Bond Act of 2016
Introduced: April 27, 2016
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 27, 2016
Read twice and referred to the Committee on Finance.
Apr 27, 2016
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1