# 114-hr-5802: 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.

114-hr-5802, 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., is a 114th Congress bill sponsored by Sen. Van Hollen, Chris [D-MD] (D-MD); status Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5802
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5802
- Congress: 114
- Title: 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.
- Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2016-07-14
- Sponsor: Sen. Van Hollen, Chris [D-MD] (D-MD)
- Cosponsors: 7
- Policy area: Energy
- Touches household money: no
- Last recorded action: 2025-11-18

## 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 capitalization, upon the bank's request, of no more than $50 billion in aggregate at any one time. Treasury must also establish a revolving Green Bank Establishment Fund.

## Cosponsors (7)

- Rep. Blumenauer, Earl [D-OR-3] (D-OR), 2016-07-14T00:00:00.000Z
- Rep. Himes, James A. [D-CT-4] (D-CT), 2016-07-14T00:00:00.000Z
- Rep. Connolly, Gerald E. [D-VA-11] (D-VA), 2016-07-14T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2016-07-14T00:00:00.000Z
- Rep. Cartwright, Matt [D-PA-8] (D-PA), 2016-07-14T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2016-07-14T00:00:00.000Z
- Rep. Esty, Elizabeth H. [D-CT-5] (D-CT), 2016-07-14T00:00:00.000Z

## Related bills

- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016
- 114-hr-5207: Freedom of Religion Act of 2016
- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-4479: Families of Flint Act
- 114-hr-4269: Assault Weapons Ban of 2015

## Sources
- [114-hr-5802 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5802)

## Related
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [114-hr-5207: Freedom of Religion Act of 2016](https://policyrisk.com/legislation/114-hr-5207)
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-4479: Families of Flint Act](https://policyrisk.com/legislation/114-hr-4479)
- [114-hr-4269: Assault Weapons Ban of 2015](https://policyrisk.com/legislation/114-hr-4269)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5802 (as of 2025-11-18).