National Energy Workforce and Providing Recovery Opportunities to Manage the Industry’s Shifting Economics Act or the NEW PROMISE Act
This bill assists economically distressed communities and workers impacted from the closure of certain electric generation stations transition to changes in their local economies and job-market, including by establishing a Covered Electric Generating Station Cessation Mitigation Fund, a White House Council on Energy Transitions, Regional Transition Advisory Committees, a workforce pilot program, and related requirements.
The bill establishes the fund for payments to economically distressed communities to mitigate the impact from the loss of certain net revenues due to such closures.
Additionally, the bill establishes the council to publish a Coal Community Resource Clearinghouse of financial resources for such communities. The council must also assess and publish data on the economic and societal impacts of closures, occurring on or after January 1, 2010, of such stations on existing and potentially economically distressed communities. The council must assist such communities facilitate the establishment of a Regional Transition Advisory Committee upon request. Furthermore, the council must assist such committees in developing, implementing, assessing, and evaluating, economic development transition plans.
In consultation with the council, the Department of Labor must establish a 10-year pilot program to assist dislocated workers in economically distressed communities.
Introduced in House
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and Labor, 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.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and Labor, 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.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and Labor, 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.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and Labor, 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.
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Referred to the Subcommittee on Energy.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line