3.0.0 1406 2023-01-11T13:37:35Z 2023-01-11T13:37:35Z Senate S 2017-06-22 115 ssfi00 Finance Committee Senate Standing Referred to 2017-06-22T16:41:56Z 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. 115 2995 HR 2017-06-23 Referred to the Subcommittee on Energy. Identical bill CRS 2017-06-22 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-06-22 Introduced in Senate IntroReferral 10000 9 Library of Congress M001169 Sen. Murphy, Christopher [D-CT] Christopher Murphy D CT S. N V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2017-06-22 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2017-06-22 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2017-06-22 True Energy Alternative and renewable resources Corporate finance and management Credit and credit markets Electric power generation and transmission Energy efficiency and conservation Energy storage, supplies, demand Executive agency funding and structure Government corporations and government-sponsored enterprises Government lending and loan guarantees Hybrid, electric, and advanced technology vehicles Motor fuels Securities State and local finance Energy 00 2017-06-22 Introduced in Senate 2017-11-16T14:58:06Z 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.

]]> 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. Display Title 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. Official Title as Introduced 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. Introduced in Senate IS Short Titles as Introduced for portions of this bill United States Green Bank Act of 2017 Introduced in Senate 2017-06-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1406is/xml/BILLS-115s1406is.xml 2017-06-22 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.