HR 2995
115th Congress
House
Energy
Alternative and renewable resources
Corporate finance and management
Credit and credit markets
Electric power generation and transmission
Energy efficiency and conservation
Energy storage, supplies, demand
Executive agency funding and structure
Government corporations and government-sponsored enterprises
Government lending and loan guarantees
Hybrid, electric, and advanced technology vehicles
Motor fuels
Securities
State and local finance
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.
Introduced: June 22, 2017
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 23, 2017
Referred to the Subcommittee on Energy.
Jun 23, 2017
Referred to the Subcommittee on Health.
Jun 22, 2017
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.
Jun 22, 2017
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Energy.
Committees of jurisdiction
4