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Renewable Electricity Standard Act

Introduced: June 26, 2019 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 26, 2019

Read twice and referred to the Committee on Energy and Natural Resources.

Jun 26, 2019

Introduced in Senate

Plain-English summary Congressional Research Service

Renewable Electricity Standard Act

This bill requires retail electric suppliers to generate a significant amount of electricity from renewable energy resources.

The Department of Energy must establish a program to (1) verify and issue federal renewable energy credits to generators of renewable energy; (2) track the sale, exchange, and retirement of the credits; and (3) enforce the federal renewable energy credits program.

The bill prescribes rules for federal renewable energy credit trading and for borrowing and repayment of federal renewable energy credits.

The bill establishes a state renewable energy account to provide grants for promoting renewable energy production and providing energy assistance and weatherization services to low-income consumers.

What's happening now June 26, 2019

Read twice and referred to the Committee on Energy and Natural Resources.

Committees of jurisdiction 1