S 1138 · 118th Congress

Fossil Free Finance Act of 2023

<p><strong>Fossil Free Finance Act of 2023 </strong></p> <p>This bill requires large bank holding companies to set forth plans to reduce and ultimately eliminate the financing of activities that contribute to greenhouse gas emissions and deforestation. Specifically, the bill prohibits the financing of (1) new or ex…

Sponsor

Markey, Edward J. (D-MA)

Introduced

2023-03-30

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.