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.
USA117th CongressHR-2656| House
| Updated: 4/20/2021
James A. Himes
Democratic Representative
Connecticut
Cosponsors (8)
Ways and Means Committee, Energy Subcommittee, Energy and Commerce 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
HR 115-2995To 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 House
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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.
Referred to the Subcommittee on Energy.
Energy
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
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.
USA117th CongressHR-2656| House
| Updated: 4/20/2021
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 TextSuggested Questions
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Timeline
Bill from Previous Congress
HR 115-2995To 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 House
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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.
Referred to the Subcommittee on Energy.
James A. Himes
Democratic Representative
Connecticut
Cosponsors (8)
Ways and Means Committee, Energy Subcommittee, Energy and Commerce Committee
Energy
- 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