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.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 19, 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.
What just happenedApr 20, 2021
Referred to the Subcommittee on Energy.
Who’s behind it
- Introduced in HouseApr 19, 2021
- Apr 20, 2021Committee
Referred to the Subcommittee on Energy.
Energy, Climate and Grid Security Subcommittee - Apr 19, 2021IntroReferralH11100
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 - Apr 19, 2021IntroReferralH11100
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 - Apr 19, 2021IntroReferralIntro-H
Introduced in House
- Apr 19, 2021IntroReferral1000
Introduced in House