National Green Bank Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 21, 2019)
National Green Bank Act of 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.
What just happenedJun 24, 2019
Referred to the Subcommittee on Energy.
Who’s behind it
- Introduced in HouseJun 21, 2019
- Jun 24, 2019Committee
Referred to the Subcommittee on Energy.
Energy, Climate and Grid Security Subcommittee - Jun 21, 2019IntroReferralH11100
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.
Energy and Commerce Committee - Jun 21, 2019IntroReferralH11100
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.
Ways and Means Committee - Jun 21, 2019IntroReferralIntro-H
Introduced in House
- Jun 21, 2019IntroReferral1000
Introduced in House