3.0.0 2191 2023-01-11T13:39:09Z 2023-01-11T13:39:09Z Senate S 2017-12-04 115 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2017-12-04T23:33:25Z 2017-12-04 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2017-12-04 Introduced in Senate IntroReferral 10000 9 Library of Congress N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM N Energy Alternative and renewable resources Banking and financial institutions regulation Business investment and capital Consumer affairs Energy assistance for the poor and aged Energy 00 2017-12-04 Introduced in Senate 2018-07-23T15:17:02Z Green Banking Act

This bill amends the Bank Holding Company Act of 1956 to allow bank holding companies to own up to 20% of companies engaged solely in producing or storing renewable energy power, such as wind and solar power. This allowance terminates 30 years after enactment of this bill unless Congress enacts a joint resolution of approval.

This bill amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to require both the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to develop underwriting guidelines for financing residential solar energy systems to facilitate the secondary market for mortgages on housing with such systems for low- and moderate-income households.

The Federal Housing Finance Agency must identify ways to increase the financing for residential solar energy system property improvements in underserved markets.

]]> Green Banking Act Display Title Green Banking Act Short Titles as Introduced Green Banking Act Official Title as Introduced A bill to promote investments in renewable energy and consumer loans for residential solar energy systems. Introduced in Senate 2017-12-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s2191is/xml/BILLS-115s2191is.xml 2017-12-04 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.