H.R. 3423 · 116th Congress
National Green Bank Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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HimesSponsor17 cosponsors · 17 D
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Blumenauer
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Courtney
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Connolly
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Cartwright
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Doyle
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Eshoo
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Hill
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McGovern
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Meeks
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Matsui
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Peters
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Tonko
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Yarmuth
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Brownley
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Slotkin
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Crow
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Sherrill13 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in House · Jun 21, 2019
National Green Bank Act of 2019
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: National Green Bank Act of 2019
Latest action (Jun 24, 2019): Referred to the Subcommittee on Energy.
Policy area: Energy · Origin: House · Introduced: Jun 21, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.