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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.

USA116th CongressS-1528| Senate 
| Updated: 5/16/2019
Christopher Murphy

Christopher Murphy

Democratic Senator

Connecticut

Cosponsors (6)
Richard J. Durbin (Democratic)Edward J. Markey (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Debbie Stabenow (Democratic)Richard Blumenthal (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill establishes a U.S. Green Bank to finance climate change mitigation and adaptation projects at the state and local level by capitalizing regional, state, and municipal green banks. 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

Bill from Previous Congress

S 115-1406
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.
May 16, 2019
Introduced in Senate
May 16, 2019
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 115-1406
    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.


  • May 16, 2019
    Introduced in Senate


  • May 16, 2019
    Read twice and referred to the Committee on Finance.

Energy

Related Bills

  • HR 116-3423: National Green Bank Act of 2019
Agricultural conservation and pollutionAgricultural practices and innovationsAir qualityAlternative and renewable resourcesClimate change and greenhouse gasesCorporate finance and managementCredit and credit marketsElectric power generation and transmissionEnergy efficiency and conservationEnergy storage, supplies, demandExecutive agency funding and structureForests, forestry, treesGovernment corporations and government-sponsored enterprisesGovernment lending and loan guaranteesHybrid, electric, and advanced technology vehiclesLand use and conservationMotor fuelsPublic transitRegional and metropolitan planningSecuritiesSolid waste and recyclingState and local financeWater use and supplyWetlands

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.

USA116th CongressS-1528| Senate 
| Updated: 5/16/2019
This bill establishes a U.S. Green Bank to finance climate change mitigation and adaptation projects at the state and local level by capitalizing regional, state, and municipal green banks. 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

Bill from Previous Congress

S 115-1406
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.
May 16, 2019
Introduced in Senate
May 16, 2019
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 115-1406
    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.


  • May 16, 2019
    Introduced in Senate


  • May 16, 2019
    Read twice and referred to the Committee on Finance.
Christopher Murphy

Christopher Murphy

Democratic Senator

Connecticut

Cosponsors (6)
Richard J. Durbin (Democratic)Edward J. Markey (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Debbie Stabenow (Democratic)Richard Blumenthal (Democratic)

Finance Committee

Energy

Related Bills

  • HR 116-3423: National Green Bank Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Agricultural conservation and pollutionAgricultural practices and innovationsAir qualityAlternative and renewable resourcesClimate change and greenhouse gasesCorporate finance and managementCredit and credit marketsElectric power generation and transmissionEnergy efficiency and conservationEnergy storage, supplies, demandExecutive agency funding and structureForests, forestry, treesGovernment corporations and government-sponsored enterprisesGovernment lending and loan guaranteesHybrid, electric, and advanced technology vehiclesLand use and conservationMotor fuelsPublic transitRegional and metropolitan planningSecuritiesSolid waste and recyclingState and local financeWater use and supplyWetlands