US HB2995 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Democrat 29-0)
Status: Introduced on June 22 2017 - 25% progression, died in committee
Action: 2017-06-23 - Referred to the Subcommittee on Energy.
Pending: House Subcommittee on Energy Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

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.

Sponsors


History

DateChamberAction
2017-06-23HouseReferred to the Subcommittee on Energy.
2017-06-23HouseReferred to the Subcommittee on Health.
2017-06-22HouseReferred 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.
2017-06-22HouseReferred 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.
2017-06-22HouseIntroduced in House

Same As/Similar To

SB1406 (Same As) 2017-06-22 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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