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- S.1208
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.
About This Bill
- Introduced April 19, 2021
- Latest Major Action April 19, 2021
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - April 19, 2021
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 |
---|---|
April 19, 2021 |
Read twice and referred to the Committee on Finance.
|
April 19, 2021 |
Introduced in the Senate by Christopher S. Murphy (D-Conn.) |