Buy Green Act of 2024

The Buy Green Act of 2024 establishes a $1.5 trillion Clean Energy Fund to promote environmentally responsible purchasing across federal, state, tribal, and local government operations. The bill requires federal agencies, states, tribes, and local governments to prioritize purchasing "covered products" that meet specific environmental criteria, including energy efficiency, reduced lifecycle emissions, and use of low-carbon materials. It creates grant programs for states and local governments (with 40% of funds targeting frontline, vulnerable, and disadvantaged communities) and for industry to retrofit facilities and develop environmentally responsible manufacturing capabilities, while setting minimum wage requirements and labor protections for workers in covered activities. The legislation mandates that 20% of funds must go to small businesses and covered small businesses, and establishes an Oversight Advisory Board to monitor compliance with environmental and labor standards.