HR2946119th CongressWALLET

Clean Energy Victory Bond Act of 2025

Sponsored By: Representative Rep. Lofgren, Zoe [D-CA-18]

Introduced

Summary

Creates federally backed "Clean Energy Victory Bonds" to raise private savings for clean energy projects without needing annual appropriations. The bonds fund a new Clean Energy Victory Bonds Trust Fund that pays for federal, state, and local clean energy investments and related programs.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Clean energy fund with community focus

The bill would create a Clean Energy Victory Bonds Trust Fund. It would receive money from bond sales and from gifts. The fund could pay for clean power projects, grid upgrades, efficient buildings, research, grants, and zero-emission vehicle infrastructure. Money would be available without further annual appropriation. At least 40% each year would go to projects in disadvantaged and vulnerable communities that cut energy rates. These include communities burdened by pollution, with many people of color, low-wealth, Tribal and Indigenous members, or many low- and moderate-income households.

New clean energy savings bonds for investors

Treasury would offer new Clean Energy Victory Bonds within 6 months of enactment. You could buy them in $25 amounts and larger. They would pay the usual Series EE/I savings-bond rate. Treasury could add extra return based on federal energy savings and loan interest from bond-funded projects. Treasury could issue up to $50 billion in these bonds each year. The bonds would be backed by the full faith and credit of the United States, with payments from the Treasury’s general fund. Treasury would promote the bonds through banks, media, and online.

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Sponsors & CoSponsors

Sponsor

Rep. Lofgren, Zoe [D-CA-18]

CA • D

Cosponsors

  • Rep. Matsui, Doris O. [D-CA-7]

    CA • D

    Sponsored 4/17/2025

Roll Call Votes

No roll call votes available for this bill.

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