H.R.3575 - Increasing and Mobilizing Partnerships to Achieve Commercialization of Technologies for Energy Act116th Congress (2019-2020) |
|Sponsor:||Rep. Lujan, Ben Ray [D-NM-3] (Introduced 06/27/2019)|
|Committees:||House - Science, Space, and Technology; Ways and Means|
|Latest Action:||House - 06/27/2019 Referred to the Committee on Science, Space, and Technology, and in addition to the Committee on Ways and Means, 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. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.3575 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (06/27/2019)
Increasing and Mobilizing Partnerships to Achieve Commercialization of Technologies for Energy Act or the IMPACT for Energy Act
This bill requires the Department of Energy to establish a nonprofit corporation named the IMPACT for Energy Foundation to channel private sector investment into commercial innovative technologies in energy.
The foundation may establish one or more for-profit subsidiaries, including an impact investment fund to (1) stimulate economic development activities, and (2) attract for-profit investment partners for technology translation and commercialization activities.