IMPACT for Energy Act - H.R.3575 / S.2005

"To establish the IMPACT for Energy Foundation."
Primary Sponsors
Reps. Ben Ray Luján (D-NM) and Joe Wilson (R-SC) / Sens. Chris Coons (D-DE) and Lindsey Graham (R-SC)
Summary of Selected Provisions
  • Directs the Department of Energy to establish a nonprofit, independent foundation to accept and channel funding for innovation initiatives from private donors
  • Specifies that the foundation can conduct and support studies, competitions, projects, research, development, commercialization, and other activities
  • Establishes that the foundation's board of directors comprise appointed members from industry, the academic community, nonprofit organizations, and other stakeholder groups
Actions on the House bill
Bill introduced
Actions on the Senate bill
Bill introduced
Status update

H.R.3575 incorporated into the House's Clean Economy Jobs and Innovation Act.

Relevant FYI Bulletins

The House passed a sweeping energy policy reform package last month that includes expansive new direction to the Department of Energy’s applied R&D programs and recommends significant funding increases for renewable energy, fission and fusion energy, and carbon capture.

Democrats on the House Climate Crisis Committee have released a legislative framework for the U.S. to reach net-zero greenhouse gas emissions by 2050, recommending massive investments in clean energy technologies alongside decarbonization policy measures.