IMPACT for Energy Act

Bill Number

HR 3575

Introduced

Jun 27, 2019

Latest Action

Referred to the Committee on Science, Space, and Technology, and in addition to the Committee on Ways and Means, for a p ...

Sponsor

Cosponsors

Topics

Business investment and capital Economic development Energy Energy research Financial services and investments Product development and innovation Research and development Social work, volunteer service, charitable organizations Technology transfer and commercialization

Full Text

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Votes

Summary

Increasing and Mobilizing Partnerships to Achieve Commercialization of Technologies for Energy Act or the IMPACT for Energy Act

This bill requires the Department of Energy to establish a nonprofit corporation named the IMPACT for Energy Foundation to channel private sector investment into commercial innovative technologies in energy.

The foundation may establish one or more for-profit subsidiaries, including an impact investment fund to (1) stimulate economic development activities, and (2) attract for-profit investment partners for technology translation and commercialization activities.

Actions

Jun 27, 2019

Referred to the Committee on Science, Space, and Technology, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jun 27, 2019

Introduced in House

Amendments

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