NEW PROMISE Act
- Last Action
- 3/29/2021
Actions
- 2021-03-29Referred to the Subcommittee on Energy.
- 2021-03-29Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
- 2021-03-26Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and Labor, 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.
- 2021-03-26Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and Labor, 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.
- 2021-03-26Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and Labor, 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.
- 2021-03-26Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and Labor, 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.
- 2021-03-26Introduced in House
- 2021-03-26Introduced in House
CRS Summary
As of 2021-03-26 (00)
National Energy Workforce and Providing Recovery Opportunities to Manage the Industry’s Shifting Economics Act or the NEW PROMISE Act
This bill assists economically distressed communities and workers impacted from the closure of certain electric generation stations transition to changes in their local economies and job-market, including by establishing a Covered Electric Generating Station Cessation Mitigation Fund, a White House Council on Energy Transitions, Regional Transition Advisory Committees, a workforce pilot program, and related requirements.
The bill establishes the fund for payments to economically distressed communities to mitigate the impact from the loss of certain net revenues due to such closures.
Additionally, the bill establishes the council to publish a Coal Community Resource Clearinghouse of financial resources for such communities. The council must also assess and publish data on the economic and societal impacts of closures, occurring on or after January 1, 2010, of such stations on existing and potentially economically distressed communities. The council must assist such communities facilitate the establishment of a Regional Transition Advisory Committee upon request. Furthermore, the council must assist such committees in developing, implementing, assessing, and evaluating, economic development transition plans.
In consultation with the council, the Department of Labor must establish a 10-year pilot program to assist dislocated workers in economically distressed communities.
Subjects
- Advisory bodies
- Air quality
- Alternative and renewable resources
- Climate change and greenhouse gases
- Coal
- Congressional oversight
- Economic development
- Economic performance and conditions
- Electric power generation and transmission
- Employment and training programs
- Energy prices
- Environmental technology
- Executive Office of the President
- Executive agency funding and structure
- Government information and archives
- Government lending and loan guarantees
- Government trust funds
- Industrial facilities
- Intergovernmental relations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.