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.

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Bill 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...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.1406.

Bill Actions

Date Description
June 22, 2017
Read twice and referred to the Committee on Finance.
June 22, 2017

Introduced in the Senate by Christopher S. Murphy (D-Conn.)

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