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- S.1528
S.1528: 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.
About This Bill
- Introduced May 16, 2019
- Latest Major Action May 16, 2019
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Version
- Introduced in Senate - May 16, 2019
Bill Summary
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...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 16, 2019 |
Read twice and referred to the Committee on Finance.
|
May 16, 2019 |
Introduced in the Senate by Christopher S. Murphy (D-Conn.) |