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S 1208 117th Congress Senate Energy Agricultural conservation and pollution Agricultural practices and innovations Air quality Alternative and renewable resources Climate change and greenhouse gases 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 Forests, forestry, trees Government corporations and government-sponsored enterprises Government lending and loan guarantees Hybrid, electric, and advanced technology vehicles Land use and conservation Motor fuels Public transit Regional and metropolitan planning

United States Green Bank Act of 2021

Introduced: April 19, 2021 Introduced by: Murphy, Christopher Democratic · Connecticut See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Apr 19, 2021
Read twice and referred to the Committee on Finance.
Apr 19, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

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's happening now April 19, 2021

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 2656 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 1
All 1 Democratic 1
D
Blumenthal, Richard
Connecticut · Apr 19, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1208: 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.. 117th Congress. Open America. https://openamerica.io/bill/117-S-1208/
MLA
"S. 1208: 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.." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1208/.
Bluebook (legal)
S. 1208, 117th Cong. (2026), https://openamerica.io/bill/117-S-1208/.
Markdown link
[S. 1208: 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/117-S-1208/)
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