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Clean Energy Victory Bond Act of 2025

USA119th CongressS-1446| Senate 
| Updated: 4/10/2025
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The Clean Energy Victory Bond Act of 2025 directs the Secretary of the Treasury to issue Clean Energy Victory Bonds within six months of enactment, in consultation with the Secretaries of Energy and Defense. These bonds, available in denominations starting at $25 and backed by the full faith and credit of the United States, will bear interest based on standard savings bond rates plus an additional rate tied to federal energy savings and loan interest. The bill authorizes the issuance of up to $50 billion annually in these bonds, with the Secretary tasked to promote their purchase through various campaigns. Proceeds from the sale of these bonds will be deposited into a newly created Clean Energy Victory Bonds Trust Fund , which is established to finance a broad range of clean energy projects at the federal, state, and local levels without requiring further appropriation. Eligible projects include supporting existing federal financing programs, funding federal agency clean energy investments, enhancing the electric grid, and providing tax incentives for clean energy technologies. The fund will also support new innovation research and zero-emission vehicle infrastructure, with a critical mandate that at least 40 percent of the funds expended annually must be directed towards clean energy projects located in disadvantaged and vulnerable communities .
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Timeline

Bill from Previous Congress

S 116-2261
Clean Energy Victory Bond Act of 2019

Bill from Previous Congress

S 118-2893
Clean Energy Victory Bond Act of 2023

Bill from Previous Congress

S 117-2064
Clean Energy Victory Bond Act of 2021
Apr 10, 2025
Introduced in Senate
Apr 10, 2025
Read twice and referred to the Committee on Finance.
Apr 17, 2025

Latest Companion Bill Action

HR 119-2946
Introduced in House
  • Bill from Previous Congress

    S 116-2261
    Clean Energy Victory Bond Act of 2019


  • Bill from Previous Congress

    S 118-2893
    Clean Energy Victory Bond Act of 2023


  • Bill from Previous Congress

    S 117-2064
    Clean Energy Victory Bond Act of 2021


  • April 10, 2025
    Introduced in Senate


  • April 10, 2025
    Read twice and referred to the Committee on Finance.


  • April 17, 2025

    Latest Companion Bill Action

    HR 119-2946
    Introduced in House

Energy

Related Bills

  • HR 119-2946: Clean Energy Victory Bond Act of 2025

Clean Energy Victory Bond Act of 2025

USA119th CongressS-1446| Senate 
| Updated: 4/10/2025
The Clean Energy Victory Bond Act of 2025 directs the Secretary of the Treasury to issue Clean Energy Victory Bonds within six months of enactment, in consultation with the Secretaries of Energy and Defense. These bonds, available in denominations starting at $25 and backed by the full faith and credit of the United States, will bear interest based on standard savings bond rates plus an additional rate tied to federal energy savings and loan interest. The bill authorizes the issuance of up to $50 billion annually in these bonds, with the Secretary tasked to promote their purchase through various campaigns. Proceeds from the sale of these bonds will be deposited into a newly created Clean Energy Victory Bonds Trust Fund , which is established to finance a broad range of clean energy projects at the federal, state, and local levels without requiring further appropriation. Eligible projects include supporting existing federal financing programs, funding federal agency clean energy investments, enhancing the electric grid, and providing tax incentives for clean energy technologies. The fund will also support new innovation research and zero-emission vehicle infrastructure, with a critical mandate that at least 40 percent of the funds expended annually must be directed towards clean energy projects located in disadvantaged and vulnerable communities .
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-2261
Clean Energy Victory Bond Act of 2019

Bill from Previous Congress

S 118-2893
Clean Energy Victory Bond Act of 2023

Bill from Previous Congress

S 117-2064
Clean Energy Victory Bond Act of 2021
Apr 10, 2025
Introduced in Senate
Apr 10, 2025
Read twice and referred to the Committee on Finance.
Apr 17, 2025

Latest Companion Bill Action

HR 119-2946
Introduced in House
  • Bill from Previous Congress

    S 116-2261
    Clean Energy Victory Bond Act of 2019


  • Bill from Previous Congress

    S 118-2893
    Clean Energy Victory Bond Act of 2023


  • Bill from Previous Congress

    S 117-2064
    Clean Energy Victory Bond Act of 2021


  • April 10, 2025
    Introduced in Senate


  • April 10, 2025
    Read twice and referred to the Committee on Finance.


  • April 17, 2025

    Latest Companion Bill Action

    HR 119-2946
    Introduced in House
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Finance Committee

Energy

Related Bills

  • HR 119-2946: Clean Energy Victory Bond Act of 2025
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted