All Information (Except Text) for S.987 - 100 by '50 Act115th Congress (2017-2018)
|Sponsor:||Sen. Merkley, Jeff [D-OR] (Introduced 04/27/2017)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 07/11/2017 Star Print ordered on the bill. (All Actions)|
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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries
Short Titles - Senate
Short Titles as Introduced
100 by '50 Act
Short Titles as Introduced for portions of this bill
- Clean Energy Worker Just Transition Act
- Workplace Democracy for a Clean Energy Future
Actions Overview (1)
|04/27/2017||Introduced in Senate|
04/27/2017 Introduced in Senate
All Actions (2)
|07/11/2017||Star Print ordered on the bill.|
Action By: Senate
|04/27/2017||Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2624-2627)|
Action By: Senate
07/11/2017 Star Print ordered on the bill.
04/27/2017 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2624-2627)
|Sen. Sanders, Bernard [I-VT]*||04/27/2017|
|Sen. Markey, Edward J. [D-MA]*||04/27/2017|
|Sen. Booker, Cory A. [D-NJ]*||04/27/2017|
|Sen. Schatz, Brian [D-HI]||06/14/2017|
|Committee / Subcommittee||Date||Activity||Reports|
|Senate Finance||04/27/2017||Referred to|
Subject — Policy Area:
One Policy Area term, which best describes an entire measure, is assigned to every public bill or resolution.
- Administrative law and regulatory procedures
- Air quality
- Alaska Natives and Hawaiians
- Alternative and renewable resources
- Aviation and airports
- Building construction
- Business investment and capital
- Capital gains tax
- Climate change and greenhouse gases
- Community life and organization
- Economic development
- Education programs funding
- Electric power generation and transmission
- Employee benefits and pensions
- Employee hiring
- Employment and training programs
- Energy assistance for the poor and aged
- Energy efficiency and conservation
- Energy storage, supplies, demand
- Environmental technology
- Federal Energy Regulatory Commission (FERC)
- Foreign and international corporations
- Government lending and loan guarantees
- Government trust funds
- Gulf of Mexico
- Housing and community development funding
- Hybrid, electric, and advanced technology vehicles
- Income tax credits
- Income tax deductions
- Indian social and development programs
- Industrial facilities
- Infrastructure development
- Labor-management relations
- Lighting and heating
- Low- and moderate-income housing
- Marine and coastal resources, fisheries
- Marine and inland water transportation
- Oil and gas
- Public contracts and procurement
- Public transit
- Residential rehabilitation and home repair
- Roads and highways
- Rural conditions and development
- Small business
- Tax-exempt organizations
- Taxation of foreign income
- Trade adjustment assistance
- Transportation programs funding
- Vocational and technical education
- Water quality
- Water use and supply
- Youth employment and child labor
Latest Summary (1)
Introduced in Senate (04/27/2017)
100 by '50 Act
This bill calls for the United States to aggressively reduce carbon pollution as rapidly as practicable and achieve 100% clean and renewable energy by 2050.
It provides financial support (e.g., grant programs and loans) for clean and renewable energy, including support for affordable zero-emission vehicle-based public transportation, solar energy, and energy efficiency retrofits in homes.
The bill provides job training, unemployment compensation, health benefits, and pension and other benefits and services to adversely affected workers employed in the fossil fuel energy sector.
The bill amends the Public Utility Regulatory Policies Act of 1978 to create annual caps on fossil fuel electricity beginning in 2022 and ending in 2050 when it is phased out.
The Department of Energy (DOE) must establish a grant program for energy storage and dispatchable energy technologies.
The bill provides financial incentives (e.g., tax credits and grants) for clean and renewable energy, energy efficiency improvements, and energy storage.
The bill amends the Clean Air Act to establish a zero-emission vehicle standard. In addition, it establishes: (1) a carbon fee to transition the commercial aviation, maritime transportation, and rail sectors away from fossil fuel usage; (2) grant programs for zero-emission vehicles; (3) a national highway decarbonization grant program; and (4) tax credits for electric vehicles, hybrid trucks, biofuels, and alternative fuels.
DOE must also establish a zero-emission residential and commercial heating grant program.
The bill: (1) terminates specified fossil fuel subsidies, and (2) creates a climate duty for carbon-intensive products imported from other countries.
The Department of the Treasury must issue climate bonds. The proceeds of the bonds must be deposited in the Climate Fund, which may be used to carry out the bill.