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A bill to amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Green Bank, and for other purposes.

USA115th CongressS-1406| Senate 
| Updated: 6/22/2017
Christopher Murphy

Christopher Murphy

Democratic Senator

Connecticut

Cosponsors (3)
Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Richard Blumenthal (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill establishes a U.S. Green Bank that provides financial support to assist regional, state, and local institutions finance: (1) clean energy (e.g., solar or wind energy) projects, or (2) energy efficiency projects that reduce energy use or substantially reduce greenhouse gas emissions. The Department of the Treasury must issue green bonds to provide the bank with: (1) an initial capitalization of $10 billion; and (2) additional capitalization, upon the bank's request, of no more than $50 billion in aggregate at any one time. The bill also establishes in the Treasury a revolving Green Bank Establishment Fund.
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Timeline
Jun 22, 2017
Introduced in Senate
Jun 22, 2017
Read twice and referred to the Committee on Finance.
Jun 23, 2017

Latest Companion Bill Action

HR 115-2995
Referred to the Subcommittee on Energy.
  • June 22, 2017
    Introduced in Senate


  • June 22, 2017
    Read twice and referred to the Committee on Finance.


  • June 23, 2017

    Latest Companion Bill Action

    HR 115-2995
    Referred to the Subcommittee on Energy.

Energy

Related Bills

  • HR 115-2995: To amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Green Bank, and for other purposes.
Alternative and renewable resourcesCorporate finance and managementCredit and credit marketsElectric power generation and transmissionEnergy efficiency and conservationEnergy storage, supplies, demandExecutive agency funding and structureGovernment corporations and government-sponsored enterprisesGovernment lending and loan guaranteesHybrid, electric, and advanced technology vehiclesMotor fuelsSecuritiesState and local finance

A bill to amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Green Bank, and for other purposes.

USA115th CongressS-1406| Senate 
| Updated: 6/22/2017
This bill establishes a U.S. Green Bank that provides financial support to assist regional, state, and local institutions finance: (1) clean energy (e.g., solar or wind energy) projects, or (2) energy efficiency projects that reduce energy use or substantially reduce greenhouse gas emissions. The Department of the Treasury must issue green bonds to provide the bank with: (1) an initial capitalization of $10 billion; and (2) additional capitalization, upon the bank's request, of no more than $50 billion in aggregate at any one time. The bill also establishes in the Treasury a revolving Green Bank Establishment Fund.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 22, 2017
Introduced in Senate
Jun 22, 2017
Read twice and referred to the Committee on Finance.
Jun 23, 2017

Latest Companion Bill Action

HR 115-2995
Referred to the Subcommittee on Energy.
  • June 22, 2017
    Introduced in Senate


  • June 22, 2017
    Read twice and referred to the Committee on Finance.


  • June 23, 2017

    Latest Companion Bill Action

    HR 115-2995
    Referred to the Subcommittee on Energy.
Christopher Murphy

Christopher Murphy

Democratic Senator

Connecticut

Cosponsors (3)
Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Richard Blumenthal (Democratic)

Finance Committee

Energy

Related Bills

  • HR 115-2995: To amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Green Bank, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Alternative and renewable resourcesCorporate finance and managementCredit and credit marketsElectric power generation and transmissionEnergy efficiency and conservationEnergy storage, supplies, demandExecutive agency funding and structureGovernment corporations and government-sponsored enterprisesGovernment lending and loan guaranteesHybrid, electric, and advanced technology vehiclesMotor fuelsSecuritiesState and local finance