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S 1406 115th Congress Senate 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

United States Green Bank Act of 2017

Introduced: June 22, 2017 Introduced by: Murphy, Christopher Democratic · Connecticut See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 22, 2017
Read twice and referred to the Committee on Finance.
Jun 22, 2017
Introduced in Senate
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 Plain-English summary Congressional Research Service

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 June 22, 2017

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 2995 Identical bill To amend title 31, United States Code, to provide for the issuance of Green Bonds and to establish the United States Gr…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Blumenthal, Richard
Connecticut · Jun 22, 2017
 D
Van Hollen, Chris
Maryland · Jun 22, 2017
 D
Whitehouse, Sheldon
Rhode Island · Jun 22, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1406: 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.. 115th Congress. Open America. https://openamerica.io/bill/115-S-1406/
MLA
"S. 1406: 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.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-1406/.
Bluebook (legal)
S. 1406, 115th Cong. (2026), https://openamerica.io/bill/115-S-1406/.
Markdown link
[S. 1406: 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.](https://openamerica.io/bill/115-S-1406/)
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