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S 922 115th Congress Senate Environmental Protection Advisory bodies Air quality Climate change and greenhouse gases Department of Commerce Executive agency funding and structure Infrastructure development Securities

Climate Change Adapt America Fund Act of 2017

Introduced: April 24, 2017 Introduced by: Durbin, Richard J. Democratic · Illinois See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 24, 2017
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2494-2495)
Apr 24, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Climate Change Adapt America Fund Act of 2017

This bill requires the Department of the Treasury to issue climate change obligations. The proceeds from the debt obligations 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 for reducing economic, social, and environmental impact of the adverse effects of climate change.

The bill establishes the Climate Change Advisory Commission to: (1) establish recommendations, frameworks, and guidelines for the investment 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 April 24, 2017

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2494-2495)

 Committees of jurisdiction 1