NEW PROMISE Act

Bill: 117-hr-2245
Sponsor: Rep. O'Halleran, Tom [D-AZ-1]
Introduced: 2021-03-26 in the House
Policy area: Energy
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
Land use and conservation
Manufacturing
Mining
Performance measurement
Public utilities and utility rates
Regional and metropolitan planning
Rural conditions and development
State and local government operations
Unemployment

Summary:
action_date: 2021-03-26
text: 

National Energy Workforce and Providing Recovery Opportunities to Manage the Industry&rsquo;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.


Legislative actions:
action_date: 2021-03-29
text: Referred to the Subcommittee on Energy.
action_date: 2021-03-29
text: Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
action_date: 2021-03-26
text: Referred 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.
action_date: 2021-03-26
text: Referred 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.
action_date: 2021-03-26
text: Referred 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.
action_date: 2021-03-26
text: Referred 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.
action_date: 2021-03-26
text: Introduced in House
action_date: 2021-03-26
text: Introduced in House