Clean Energy Victory Bond Act of 2023

HR 5618, the Clean Energy Victory Bond Act of 2023, authorizes the U.S. Treasury to issue savings bonds (starting at $25) to fund clean energy projects. Proceeds would create a dedicated trust fund to finance federal, state, and local initiatives like solar/wind infrastructure, energy-efficient buildings, grid upgrades, and zero-emission vehicle networks. The bill requires at least 40% of annual funding to target disadvantaged communities facing disproportionate climate or pollution impacts. Bonds are voluntary, backed by U.S. Treasury full faith and credit, and earn interest tied to energy savings and loan returns. This mechanism aims to leverage public investment without direct federal budget spending.