US Congress Senate Bill 1406 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on June 22 2017 - 25% progression, died in committee
Action: 2017-06-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

United States Green Bank Act of 2017 Official Titles Official Titles - Senate Official Titles 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. 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.

United States Green Bank Act of 2017 Official Titles Official Titles - Senate Official Titles 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.

Sen. Christopher Murphy [D-CT]

Sen. Chris Van Hollen [D-MD]

Sen. Richard Blumenthal [D-CT]

Sen. Sheldon Whitehouse [D-RI]

Date	Chamber	Action
2017-06-22	Senate	Read twice and referred to the Committee on Finance.

HB2995 (Same As) 2017-06-23 - Referred to the Subcommittee on Energy.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/1406/all-info
Text	https://www.congress.gov/115/bills/s1406/BILLS-115s1406is.pdf