HR 5416 · 116th Congress 2019โ€“2021, ended

National Climate Bank Act

Latest action · Dec 13, 2019 Referred to the Subcommittee on Environment and Climate Change.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedDec 12, 2019
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

National Climate Bank Act

This bill establishes the nonprofit National Climate Bank to finance renewable energy projects, industrial decarbonization, climate resilient infrastructure, zero-emission fleets, and similar projects.

Cosponsors 10

Members who signed on, in the order they did. Signatures ran from Dec 12, 2019 to Oct 9, 2020; 3 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-IACynthia AxneOriginalDec 12, 2019
D-DELisa Blunt RochesterOriginalDec 12, 2019
D-NYPaul TonkoOriginalDec 12, 2019
D-MAJoseph P. Kennedy IIIFeb 13, 2020
D-ILBobby L. RushJun 11, 2020
D-OREarl BlumenauerJun 11, 2020
D-GUMichael F. Q. San NicolasJun 11, 2020
D-PAMichael F. DoyleJun 18, 2020
D-PAMatt CartwrightJul 22, 2020
D-CAAlan S. LowenthalOct 9, 2020

Committees 5

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseEnergy and Commerce Committee
Referred Dec 12, 2019
Environment Subcommittee
Referred Dec 13, 2019
HouseFinancial Services Committee
Referred Dec 12, 2019
HouseWays and Means Committee
Referred Dec 12, 2019
HouseAgriculture Committee
Referred Dec 12, 2019
HouseTransportation and Infrastructure Committee
Referred Dec 12, 2019
Water Resources and Environment Subcommittee
Referred Dec 13, 2019
Aviation Subcommittee
Referred Dec 13, 2019
Coast Guard and Maritime Transportation Subcommittee
Referred Dec 13, 2019
Economic Development, Public Buildings, and Emergency Management Subcommittee
Referred Dec 13, 2019
Highways and Transit Subcommittee
Referred Dec 13, 2019
Railroads, Pipelines, and Hazardous Materials Subcommittee
Referred Dec 13, 2019

Actions 9

Everything that happened, newest first.

  1. Dec 13, 2019Referred to the Subcommittee on Water Resources and Environment.
  2. Dec 13, 2019Referred to the Subcommittee on Aviation.
  3. Dec 13, 2019Referred to the Subcommittee on Coast Guard and Maritime Transportation.
  4. Dec 13, 2019Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
  5. Dec 13, 2019Referred to the Subcommittee on Highways and Transit.
  6. Dec 13, 2019Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
  7. Dec 13, 2019Referred to the Subcommittee on Environment and Climate Change.
  8. Dec 12, 2019Introduced in House
  9. Dec 12, 2019Referred to the Committee on Energy and Commerce, and in addition to the Committees on Financial Services, Ways and Means, Agriculture, and Transportation and Infrastructure, 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.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: The constitutional authority of Congress to enact this legislation is provided by Article I, section 8 of the United States Constitution.

The sponsor’s statement, as printed in the Congressional Record, vol. 165, no. 199, December 12, 2019, page H10258.

CRS reports 1

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

Cite it 1

Products on other subjects that cite it, usually among other measures.

ProductTitleKindPublished
R46864Alternative Fuels and Vehicles: Legislative Proposals ArchivedReportJul 28, 2021

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To establish a National Climate Bank.
Short Title(s) as Introduced
National Climate Bank Act

Subjects

Assigned by the Library of Congress. Policy area: Environmental Protection.

Text 1

Each version as it was printed, newest first.

  1. Dec 12, 2019Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.