S.2005 - IMPACT for Energy Act116th Congress (2019-2020) |
|Sponsor:||Sen. Coons, Christopher A. [D-DE] (Introduced 06/27/2019)|
|Committees:||Senate - Energy and Natural Resources|
|Latest Action:||Senate - 06/27/2019 Read twice and referred to the Committee on Energy and Natural Resources. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.2005 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (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.