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Clean Energy Victory Bonds: Investing in a Green Future and Savings

This act introduces the possibility of purchasing special government bonds, called "Clean Energy Victory Bonds." Money from the sale of these bonds will be used for clean energy and energy efficiency projects nationwide, aiming to create new jobs, reduce reliance on foreign energy sources, and combat climate change. Citizens can voluntarily invest in these bonds, supporting the development of green technologies while potentially saving on energy costs.
Key points
Opportunity to purchase government bonds supporting clean energy development, available in denominations from $25.
Funds from the bonds will finance projects like solar, wind, geothermal energy, energy storage, and electric vehicle infrastructure.
At least 40% of the funds will be allocated to projects in disadvantaged communities to reduce their energy bills.
Investments are intended to create new jobs in the green energy sector and reduce the nation's dependence on oil imports.
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Additional Information
Print number: 117_S_2064
Sponsor: Sen. Merkley, Jeff [D-OR]
Process start date: 2021-06-15
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Clean Energy Victory Bond Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2064.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-06-15.

What are the main provisions?

Key points include:

  • Opportunity to purchase government bonds supporting clean energy development, available in denominations from $25.
  • Funds from the bonds will finance projects like solar, wind, geothermal energy, energy storage, and electric vehicle infrastructure.
  • At least 40% of the funds will be allocated to projects in disadvantaged communities to reduce their energy bills.
  • Investments are intended to create new jobs in the green energy sector and reduce the nation's dependence on oil imports.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Merkley, Jeff [D-OR].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Environment Public Investments Economy