S 2860 · 114th Congress · Environmental Protection

Climate Change Adapt America Bond Act of 2016

Introduced 2016-04-27· Sponsored by Sen. Boxer, Barbara [D-CA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2016-04-27)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat