Energy Freedom Bonds Act of 2006

Referred to the House Committee on Ways and Means.

Congressional Research Service

Official summary

Version 00 · Introduced in House · May 16, 2006

Energy Freedom Bonds Act of 2006 - Authorizes the Secretary of the Treasury to issue Energy Freedom Bonds.

Requires the proceeds from such bonds to be used exclusively for research, development, or deployment of technologies utilizing solar heat, solar light, wind, geothermal energy, and biomass.

Prohibits the use of such proceeds, however, for any technologies utilizing heat from: (1) the burning of municipal solid waste; or (2) a dry steam geothermal reservoir that has no mobile liquid in its natural state, is a fluid composed of at least 95% water vapor; and has an enthalpy for the total produced fluid greater than or equal to 2.791 megajoules per kilogram (1200 British thermal units per pound).

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People & committees

Who introduced it

Rep. Israel, Steve [D-NY-2] · D–NY

Committees

Ways and Means Committee

0 cosponsorship records, including any withdrawals

Legislative record

Actions

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May 16, 2006
Referred to the House Committee on Ways and Means.
May 16, 2006
Introduced in House
May 16, 2006
Introduced in House

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in House · May 16, 2006 Formatted Text PDF Formatted XML

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 15, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.5395 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss H.R.5395, 109th Congress: Energy Freedom Bonds Act of 2006

Official record: https://www.congress.gov/bill/109th-congress/house-bill/5395

Text version to examine: Introduced in House · 2006-05-16.

Official full text: https://www.congress.gov/109/bills/hr5395/BILLS-109hr5395ih.htm

Imported record last updated by the source: 2025-08-15T18:00:46Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze H.R.5395 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine H.R.5395 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Discuss H.R.5395, 109th Congress: Energy Freedom Bonds Act of 2006

Official record: https://www.congress.gov/bill/109th-congress/house-bill/5395

Text version to examine: Introduced in House · 2006-05-16.

Official full text: https://www.congress.gov/109/bills/hr5395/BILLS-109hr5395ih.htm

Imported record last updated by the source: 2025-08-15T18:00:46Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.5395 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine H.R.5395 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss H.R.5395, 109th Congress: Energy Freedom Bonds Act of 2006

Official record: https://www.congress.gov/bill/109th-congress/house-bill/5395

Text version to examine: Introduced in House · 2006-05-16.

Official full text: https://www.congress.gov/109/bills/hr5395/BILLS-109hr5395ih.htm

Imported record last updated by the source: 2025-08-15T18:00:46Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.5395 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine H.R.5395 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss H.R.5395, 109th Congress: Energy Freedom Bonds Act of 2006

Official record: https://www.congress.gov/bill/109th-congress/house-bill/5395

Text version to examine: Introduced in House · 2006-05-16.

Official full text: https://www.congress.gov/109/bills/hr5395/BILLS-109hr5395ih.htm

Imported record last updated by the source: 2025-08-15T18:00:46Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.5395 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.