A bill to establish the Climate Change Advisory Commission to develop recommendations, frameworks, and guidelines for projects to respond to the impacts of climate change, to issue Federal obligations, the proceeds of which shall be used to fund projects that aid in adaptation to climate change, and for other purposes.
Climate Change Adapt America Fund Act of 2017
This bill requires the Department of the Treasury to issue climate change obligations. The proceeds from the debt obligations 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 for reducing economic, social, and environmental impact of the adverse effects of climate change.
The bill establishes the Climate Change Advisory Commission to: (1) establish recommendations, frameworks, and guidelines for the investment program; and (2) identify categories of the most cost-effective investments and projects that emphasize multiple benefits to commerce, human health, and ecosystems.
Referred to the Subcommittee on Environment.
Introduced in Senate
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2494-2495)
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line