Clean Energy Victory Bond Act of 2025

United States119th CongressS-1446Senate
Updated: Apr 10, 2025

Summary

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 .

Bill texts

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Introduced (Senate)View official text

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Timeline

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HR-2946: Clean Energy Victory Bond Act of 2025

Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Science, Space, and Technology, 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.

  1. Read twice and referred to the Committee on Finance.

    Senate

  2. Introduced in Senate

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