S2374-119

Introduced

To establish the Climate Change Advisory Commission to develop recommendations, frameworks, and guidelines for projects to respond to the impacts of climate change, to issue Federal obligations, the proceeds of which shall be used to fund projects that aid in adaptation to climate change, and for other purposes.

119th Congress Introduced Jul 22, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill creates a new federal program to help communities prepare for and adapt to climate change impacts. It establishes an 11-member Climate Change Advisory Commission to develop investment guidelines, creates a Climate Change Resiliency Fund, and authorizes the Treasury to issue up to $1 billion annually in special climate bonds to finance the program.

Who Benefits and How

Environmental justice communities, frontline communities, and low-income areas benefit significantly as at least 40% of fund resources must go to projects serving these populations. Infrastructure contractors and construction workers benefit from new project funding, with Davis-Bacon prevailing wage requirements ensuring union-level pay. States, local governments, tribal governments, utilities, and nonprofits can apply for grants to fund climate adaptation projects.

Who Bears the Burden and How

Taxpayers ultimately bear the cost through federal debt service on the climate bonds, though payments come from the general Treasury backed by full faith and credit. The Treasury Department faces new administrative responsibilities for bond issuance and promotion, with up to $10 million annually authorized for marketing.

Key Provisions

  • Creates Climate Change Advisory Commission with 11 members appointed by President and Congressional leaders
  • Establishes Climate Change Resiliency Fund with 40% minimum allocation to environmental justice communities
  • Authorizes $200 million base plus up to $800 million additional in climate bonds annually
  • Requires Davis-Bacon prevailing wages for all funded construction projects

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

Establishes a Climate Change Advisory Commission and creates a federal investment fund financed by government-issued climate bonds to support infrastructure adaptation projects, with priority for environmental justice communities.

Key Policy Areas

Climate, Infrastructure, Environmental Justice, Finance, Labor

Primary Purpose

Establishes a Climate Change Advisory Commission and creates a federal investment fund financed by government-issued climate bonds to support infrastructure adaptation projects, with priority for environmental justice communities.

Policy Domains

Climate Infrastructure Environmental Justice Finance Labor

Title I - Climate Change Advisory Commission

Identified Gains
  • Climate policy experts
  • Academic researchers
  • Public/private sector climate professionals
Model: N/A | Version: bill_summary_v2 | Source: is
Academic researchers:
Climate policy experts:
Public/private sector climate professionals:
Identified Costs
  • Federal budget (administrative costs)
Model: N/A | Version: bill_summary_v2 | Source: is
Federal budget (administrative costs): ,

Title II - Climate Change Resiliency Fund

Identified Gains
  • Environmental justice communities
  • Frontline communities
  • Low-income communities
  • Infrastructure contractors
  • Construction workers
  • State and local governments
  • Tribal governments
  • Nonprofit organizations
Model: N/A | Version: bill_summary_v2 | Source: is
Tribal governments:
Construction workers:
Frontline communities:
Low-income communities:
Nonprofit organizations:
Infrastructure contractors: ,
State and local governments:
Environmental justice communities:
Identified Costs
  • Federal taxpayers
Model: N/A | Version: bill_summary_v2 | Source: is
Federal taxpayers:

Title III - Climate Change Obligations

Identified Gains
  • Bond investors
  • Financial institutions
Model: N/A | Version: bill_summary_v2 | Source: is
Bond investors:
Financial institutions:
Identified Costs
  • Federal taxpayers
  • Treasury Department
Model: N/A | Version: bill_summary_v2 | Source: is
Federal taxpayers:
Treasury Department: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 22, 2025

Mr. Durbin introduced the following bill; which was read twice …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Government
10 mentions across 6 clauses
+6 positive -4 negative

Climate Change Advisory Commission, Commission members (non-federal), Commission staff

Positive-direction: Commission members (non-federal), Commission staff, State and local governments, Tribal governments

Negative-direction: Climate Change Advisory Commission, Department of the Treasury, State and local tax authorities

Construction
7 mentions across 4 clauses
+5 positive -2 negative

Climate adaptation project recipients, Construction contractors, Construction workers and laborers

Positive-direction: Climate adaptation project recipients, Construction workers and laborers, Infrastructure construction companies, Infrastructure contractors, Union construction workers

Negative-direction: Construction contractors, Non-union contractors

Community Development
6 mentions across 2 clauses
+6 positive

Environmental justice communities, Frontline communities, Frontline communities impacted by climate change

Nonprofits
2 mentions across 2 clauses
+2 positive

Nonprofit organizations

Utilities
2 mentions across 2 clauses
+2 positive

Utility districts, Water infrastructure and utilities

Professional Services
2 mentions across 2 clauses
+2 positive

Climate policy experts and researchers, Engineering and consulting firms

Financial Services
2 mentions across 1 clause
+2 positive

Bond investors and financial institutions, Institutional investors

General Public
1 mention across 1 clause
+1 positive

Transit agencies

11/12
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Climate Government Organization
Actor Mappings
"the_commission"
→ Climate Change Advisory Commission
"the_chairperson"
→ Chairperson of the Climate Change Advisory Commission
Domains
Climate Infrastructure Environmental Justice
Actor Mappings
"the_secretary"
→ Secretary of the Treasury
"the_commission"
→ Climate Change Advisory Commission
Domains
Finance Climate
Actor Mappings
"the_secretary"
→ Secretary of the Treasury

Key Definitions

Terms defined in this bill

7 terms
"Commission" §id296FC871FCE3496DAD2D3B7207ACA0C4

The Climate Change Advisory Commission established by section 101(a)

"community of color" §id296FC871FCE3496DAD2D3B7207ACA0C4_2

A geographically distinct area in which the population of Black, African American, Asian, Pacific Islander, other non-White race, Hispanic, Latino, Native American, or linguistically isolated individuals is higher than the national average

"eligible entity" §id296FC871FCE3496DAD2D3B7207ACA0C4_3

Includes Federal agencies, States, local governments, utility districts, Tribal governments, transit agencies, nonprofits, special purpose districts, port authorities, and other entities as determined by the Secretary

"environmental justice community" §id296FC871FCE3496DAD2D3B7207ACA0C4_4

A community with significant representation of communities of color or low-income communities that experiences, or is at risk of experiencing, higher or more adverse human health or environmental effects

"frontline community" §id296FC871FCE3496DAD2D3B7207ACA0C4_5

A low-income community or community of color disproportionately impacted or burdened by climate change, industrial pollution (including historic pollution), or phenomena associated with climate change

"Fund" §id296FC871FCE3496DAD2D3B7207ACA0C4_6

The Climate Change Resiliency Fund established by section 201(a)(1)

"low-income community" §id296FC871FCE3496DAD2D3B7207ACA0C4_7

Any census block group in which 30 percent or more of the population are individuals with annual household income equal to or less than 80 percent of the median household income

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology