,,ii  #aae? ,,congress  #a/ ,session    
,s4 #adjf  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #bb1 #bjag,mr4   
,murphy 7= himself1 ,mr4 ,van ,holl51   
,mr4 ,blum5?al1 & ,mr4 ,:iteh\se7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d title #ca1 
,unit$ ,/ates ,code1 to provide = !     
issuance ( ,gre5 ,bonds & to e/abli% !  
,unit$ ,/ates ,gre5 ,bank1 & = o!r      
purposes4  #a4 ,capitalization1 me?od ( 
capital /ock paym5ts1 issuance ( ,gre5  
,bonds ,*apt] #ca ( title #ca1 ,unit$   
,/ates ,code1 is am5d$ by add+ aft]     
section #cajb ! foll[+ new section3     
#cajb;,a4 ,gre5 ,bonds  7a7 ,initial    
capitalization ,! ,secret>y ( !         
,treasury %all issue bonds 79 ?is       
section ref]r$ to z ,gre5 ,bonds7 9 !   
am\nt ( #aj1jjj1jjj1jjj on ! cr$it ( !  
,unit$ ,/ates to acquire capital /ock ( 
! ,unit$ ,/ates ,gre5 ,bank 7e/abli%$ "u
 section #ihja ( ?is title74 ,/ock      
c]tificates evid5c+ own]%ip 9 ! ,unit$  

,/ates ,gre5 ,bank %all be issu$ by !   
,gre5 ,bank to ! ,secret>y ( !          
,treasury1 to ! ext5t ( paym5ts made = !
 capital /ock ( ! ,gre5 ,bank4  7b7     
,future capitalization ,^u ! reque/ ( ! 
,unit$ ,/ates ,gre5 ,bank1 ! ,secret>y (
 ! ,treasury %all issue additional ,gre5
 ,bonds on ! cr$it ( ! ,unit$ ,/ates to 
acquire additional capital /ock ( !     
,unit$ ,/ates ,gre5 ,bank 9 an aggregate
 am\nt n to exce$ #ej1jjj1jjj1jjj out/&+
 at any "o "t4  7c7 ,d5om9ations &      
maturity ,gre5 ,bonds %all be 9 su* =ms 
& d5om9ations1 & %all mature )9 su*     
p]iods1 z det]m9$ by ! ,secret>y ( !    
,treasury4  7d7 ,int]e/ ,gre5 ,bonds    
%all be> int]e/ at a rate n less ?an !  
curr5t av]age yield on out/&+ m>ket     
obligations ( ! ,unit$ ,/ates (         
comp>able maturity dur+ ! mon? prec$+ ! 
issuance ( ! obligation z det]m9$ by !  
,secret>y ( ! ,treasury4  7e7 ,gu>ante$ 
,gre5 ,bonds %all be fully &            
unconditionally gu>ante$ bo? z to int]e/
 & pr9cipal by ! ,unit$ ,/ates1 & su*   

gu>anty %all be express$ on ! face ( ea*
 bond4  7f7 ,lawful inve/m5ts ,gre5     
,bonds %all be lawful inve/m5ts1 & may  
be accept$ z security = all fiduci>y1   
tru/1 & public funds1 ! inve/m5t or     
deposit ( :i* %all be "u ! au?ority or  
control ( ! ,unit$ ,/ates or any (fic]  
or (fic]s !re(4  4  #b4 ,gre5 ,bank     
,title #ca1 ,unit$ ,/ates ,code1 is     
am5d$ by add+ ! foll[+ new *apt] at !   
end !re(3  #ih ,,gre5 ,,bank  #ihja4    
,unit$ ,/ates ,gre5 ,bank  7a7 ,%ort    
title ,?is section may be cit$ z !      
,unit$ ,/ates ,gre5 ,bank ,act ( #bjag4 
7b7 ,purposes ,! purposes ( ?is section 
are z foll[s3 7#a7 ,to significantly    
increase ! pace & am\nt ( inve/m5t 9    
clean en]gy & en]gy effici5cy projects  
at ! ,/ate & local level4  7#b7 ,to     
improve ! /&>d ( liv+ = ,am]icans by    
deliv]+ clean electricity m effici5tly &
 at l[] co/ & by fund+ projects t w     
create high-pay+1 long-t]m jobs4  7#c7  
,to address ! ma9 imp$im5t to inve/m5t  
at ! ,/ate & local level--limit$ capital

 & tight balance %eets--by e/abli%+ a   
national ,gre5 ,bank to capitalize      
legitimate ,regional1 ,/ate1 &          
,municipal ,gre5 ,banks4  7#d7 ,to      
facilitate-- 7,a7 effici5t tax equity   
m>kets = qualifi$ clean en]gy projects2 
&  7,b7 ! f9anc+ ( long-t]m clean en]gy 
pur*as+ by gov]nm5tal & nongov]nm5tal   
n-=-pr(it entities4  7#e7 ,to fo/]--    
7,a7 ! developm5t & consi/5t application
 ( transp>5t und]writ+ /&>ds1 /&>d      
contractual t]ms1 & measurem5t &        
v]ification protocols = qualifi$ clean  
en]gy projects & qualifi$ en]gy         
effici5cy projects2  7,b7 ! creation (  
p]=mance data t enables effective       
und]writ+1 risk managem5t1 & pro =ma    
model+ ( f9ancial p]=mance ( qualifi$   
clean en]gy projects & qualifi$ en]gy   
effici5cy projects to support prim>y    
f9anc+ m>kets & /imulate developm5t (   
second>y inve/m5t m>kets = clean en]gy  
projects & en]gy effici5cy projects2 &  
7,c7 ! level ( f9anc+ support = qualifi$
 clean en]gy projects & qualifi$ en]gy  

effici5cy projects necess>y to advance  
vital national objectives1 includ+--    
7i7 a*iev+ en]gy indep5d5ce f =eign     
en]gy s\rces2  7ii7 abat+ climate *ange 
by increas+ z]o or l[ c>bon electricity 
g5]ation & transportation capabilities2 
7iii7 realiz+ en]gy effici5cy pot5tial 9
 exi/+ infra/ructure2  7iv7 eas+ !      
economic effects ( transition+ f a      
c>bon-bas$ economy to a clean en]gy     
economy2  7v7 a*iev+ job creation ?r\gh 
! con/ruction & op]ation ( qualifi$     
clean en]gy projects & qualifi$ en]gy   
effici5cy projects2  7vi7 fo/]+ long-t]m
 dome/ic manufactur+ capacity 9 ! clean 
en]gy & en]gy effici5cy indu/ries2 &    
7vii7 complem5t+ & supplem5t+ o!r clean 
en]gy & en]gy effici5cy legislation at !
 regional1 ,/ate1 municipal1 & c\nty    
level4  7c7 ,def9itions ,9 ?is section3 
7#a7 ,bank ,! t]m ,bank means ! ,unit$  
,/ates ,gre5 ,bank e/abli%$ "u          
subsection 7d74  7#b7 ,bo>d ,! t]m ,bo>d
 means ! ,bo>d ( ,directors ( ! ,bank4  
7#c7 ,clean en]gy project ,! t]m clean  

en]gy project means any electricity     
g5]ation1 transmission1 /orage1 heat+1  
cool+1 transportation1 di/ribution1     
indu/rial process1 or manufactur+       
project ^: prim>y purpose is !          
deploym5t1 developm5t1 or production (  
an en]gy sy/em or te*nology t avoids1   
r$uces1 or seque/]s air pollutants or   
an?ropog5ic gre5h\se gases1 includ+ !   
foll[+3  7,a7 ,sol>4  7,b7 ,w9d4  7,c7  
,geo!rmal4  7,d7 ,biomass4  7,e7        
,hydrop[]4  7,f7 ,ocean & hydrok9etic4  
7,g7 ,fuel cell4  7,h7 ,advanc$ batt]y4 
7,i7 ,c>bon capture & seque/ration4     
7,j7 ,next g5]ation bi(uels f nonfood   
fe$/ocks4  7,k7 ,alt]native vehicle fuel
 infra/ructure4  7,l7 ,alt]native fuel  
vehicles4  7#d7 ,eligible clean en]gy   
f9anc+ in/itution ,! t]m ,eligible      
,clean ,en]gy ,f9anc+ ,in/itution means 
a n-=-pr(it1 indep5d5t entity1          
quasi-indep5d5t entity1 or a gov]nm5tal 
entity )9 an ag5cy or f9anc+ au?ority1  
e/abli%$ or designat$ by a ,/ate1 gr\p (
 ,/ates1 ! ,di/rict ( ,columbia1 or an  

,eligible ,/ate ,political ,subdivision 
to--  7,a7 provide l[-co/ or long-t]m   
f9anc+ support or cr$it enhancem5ts1    
includ+ loan gu>antees & loan loss      
res]ves1 = ,qualifi$ ,clean ,en]gy      
,projects or ,qualifi$ ,en]gy ,effici5cy
 ,projects2 &  7,b7 create liquid m>kets
 = ^! projects includ+ w>eh\s+ &        
securitization1 or take o!r /eps to     
r$uce f9ancial b>ri]s to ! deploym5t (  
exi/+ & innovative clean en]gy & en]gy  
effici5cy projects4 ,eligible ,clean    
,en]gy ,f9anc+ ,in/itutions may ent]    
into p>tn]%ips ) private entities4  7#e7
 ,eligible /ate political subdivision ,!
 t]m ,eligible ,/ate ,political         
,subdivision %all mean any municipality1
 c\nty or o!r political subdivision )9 a
 ,/ate t1 bas$ on ! population data f ! 
mo/ rec5t ,u4,s4 ,c5sus ,bureau1 meets !
 foll[+ crit]ia--  7,a7 a municipality )
 a population ( no less ?an #bjj1jjj p2 
7,b7 a c\nty1 p>i% or bor\gh ) a        
population ( no less ?an #hjj1jjj p2 or 
7,c7 a municipality1 c\nty1 p>i%1 or    

bor\gh ) a population-- 7i7 ( no less   
?an #hd1jjj p2 &  7ii7 t con/itutes no  
less ?an #e p]c5t ( t ,/ate's total     
population4  7#f7 ,en]gy effici5cy      
project ,! t]m en]gy effici5cy project  
means any project1 te*nology1 function1 
or measure t results 9 ! r$uction (     
en]gy use requir$ to a*ieve ! same level
 ( s]vice or output prior to !          
application ( su* project1 te*nology1   
function1 or measure1 or sub/antially   
r$uces gre5h\se gas emissions relative  
to emissions t w\ld h occurr$ prior to !
 application ( su* project1 te*nology1  
function1 or measure4  7#g7 ,gre5 bond  
,! t]m ,gre5 ,bond means a bond issu$   
pursuant to section #cajb;,a ( ?is      
title4  7#h7 ,qualifi$ clean en]gy      
project ,! t]m qualifi$ clean en]gy     
project means a clean en]gy project t-- 
7,a7 is a ,clean ,en]gy ,project c>ri$  
out dome/ically )9 ! t]ritorial bord]s (
 ! ,unit$ ,/ates2  7,b7 /ays curr5t on  
int]e/ & debt paym5t obligations2  7,c7 
to ! ext5t o!rwise requir$ by law1 pays 

wages 9 accordance ) sub*apt] ,,iv (    
*apt] #ca ( title #dj1 ,unit$ ,/ates    
,code 7commonly ref]r$ to z !           
,davis-,bacon ,act72  7,d7 if = nucle>  
p[]1 is fund$ by ! ,bank only aft] all  
o!r exi/+ ,f$]al f9ancial support has   
be5 exp5d$2  7,e7 if = ,alt]native fuel 
vehicles1 is = ! pur*ase or lease (     
eligible vehicles & n ! design or       
manufacture !re(2 &  7,f7 satisfies any 
o!r conditions e/abli%$ by ! ,bank &    
publi%$ 9 ! ,f$]al ,regi/]4  7#i7       
,qualifi$ en]gy effici5cy project ,! t]m
 qualifi$ en]gy effici5cy project means 
an en]gy effici5cy project1 includ+ sm>t
 grid te*nologies & functions *>act]iz$ 
9 section #acja ( ! ,en]gy ,indep5d5ce &
 ,security ,act ( #bjjg & end-use       
te*nologies = effici5cy ga9s 9 new      
con/ruction & across exi/+ infra/ructure
 t--  7,a7 is an ,en]gy ,effici5cy      
,project c>ri$ out dome/ically )9 !     
t]ritorial bord]s ( ! ,unit$ ,/ates2    
7,b7 /ays curr5t on int]e/ & debt paym5t
 obligations2  7,c7 to ! ext5t o!rwise  

requir$ by law1 pays wages 9 accordance 
) sub*apt] ,,iv ( *apt] #ca ( title #dj1
 ,unit$ ,/ates ,code 7commonly ref]r$ to
 z ! ,davis-,bacon ,act72 &  7,d7       
satisfies any o!r conditions e/abli%$ by
 ! ,bank & publi%$ 9 ! ,f$]al ,regi/]4  
7d7 ,gre5 bank  7#a7 ,e/abli%m5t (      
corporation ,!re is e/abli%$ a          
corporation to be kn[n z ! ,unit$ ,/ates
 ,gre5 ,bank t %all be :olly own$ by !  
,unit$ ,/ates4  7#b7 ,ov]sight ,! ,bank 
%all be subject to ! g5]al sup]vision & 
direction ( ! ,secret>y ( ! ,treasury4  
,! ,bank %all be an in/rum5tality ( !   
,unit$ ,/ates ,gov]nm5t & %all ma9ta9   
su* (fices z may be necess>y or         
appropriate 9 ! conduct ( its bus9ess4  
7#c7 ,*>t] ,! ,bank %all be *>t]$ = #bj 
ye>s f ! date ( enactm5t ( ?is section4 
7#d7 ,gov]nance  7,a7 ,bo>d ( directors 
( ! bank  7i7 ,9 g5]al ,! ,bank %all be 
"u ! direction ( a ,bo>d ( ,directors   
consi/+ ( #g memb]s & be subject to !   
g5]al sup]vision & direction ( !        
,secret>y ( ! ,treasury z ,*airman ( !  

,bo>d4  7ii7 ,memb]%ip ,! ,bo>d %all    
consi/ ( #g memb]s1 z foll[s3 7,i7 ,!   
,secret>y ( ! ,treasury or ! ,secret>y's
 designee z ,*airman ( ! ,bo>d4  7,,ii7 
,! ,secret>y ( ,en]gy or ! ,secret>y's  
designee4  7,,iii7 ,! ,secret>y (       
,transportation or ! ,secret>y's        
designee4  7,,iv7 ,f\r memb]s appo9t$ by
 ! ,presid5t ( ! ,unit$ ,/ates includ+ a
 ,*ief ,executive ,(fic]1 #a memb] )    
exp]tise reg>d+ r5ewable en]gy &_/or    
en]gy effici5cy1 #a memb] ) exp]tise    
reg>d+ f9ance1 #a memb] ) exp]tise      
reg>d+ electric utilities1 & #a memb] ) 
exp]tise reg>d+ su/a9able               
transportation4  7iii7 ,quorum ,f\r     
memb]s ( ! ,bo>d %all con/itute a       
quorum4  7iv7 ,bylaws ,! ,bo>d %all     
adopt1 & may am5d1 su* bylaws z are     
necess>y = ! prop] managem5t & function+
 ( ! ,bank1 & %all1 9 su* bylaws1       
designate ! vice presid5ts & o!r (fic]s 
( ! ,bank & prescribe _! duties4  7v7   
,t]ms ,! initial t]ms ( ! memb]s ( !    
,bo>d %all be #d ye>s4 ,= t]ms beg9n+   

aft] ! fir/ #d ye>s foll[+ ! date ( !   
enactm5t ( ?is section1 ! ,bo>d %all    
create /agg]$ t]ms ( #b1 #c1 & #d ye>s =
 memb]s ( ! ,bo>d4  7vi7 ,vacancies ,any
 vacancy on ! ,bo>d %all be fill$ 9 !   
same mann] 9 :i* ! orig9al appo9tm5t 0  
made4  7vii7 ,int]im appo9tm5ts ,any    
memb] appo9t$ to fill a vacancy occurr+ 
be=e ! expiration ( ! t]m = :i* su*     
memb]'s pr$ecessor 0 appo9t$ %all be    
appo9t$ only = ! rema9d] ( su* t]m4     
7viii7 ,reappo9tm5t ,memb]s ( ! ,bo>d   
may be reappo9t$ = additional t]ms (    
s]vice z memb]s ( ! ,bo>d4  7ix7        
,cont9uation ( s]vice ,any memb] ( !    
,bo>d ^: t]m has expir$ may cont9ue to  
s]ve on ! ,bo>d until ! e>li] (--  7,i7 
! date on :i* su* memb]'s successor is  
appo9t$2 or  7,,ii7 ! end ( ! #f-mon?   
p]iod beg9n+ on ! date su* memb]'s t]m  
expires4  7x7 ,*airman ,! ,bo>d %all    
select a ,*airman f among its memb]s4   
7,b7 ,executive vice presid5t ,! ,*ief  
,executive ,(fic] %all appo9t an        
,executive ,vice ,presid5t :o--  7i7    

%all s]ve z ,*ief ,executive ,(fic] ( ! 
,bank dur+ ! abs5ce or disability (1 or 
9 ! ev5t ( a vacancy 9 ! (fice1 ( ,*ief 
,executive ,(fic]2 &  7ii7 %all at o!r  
times p]=m su* functions z ! ,*ief      
,executive ,(fic] may prescribe4  7,c7  
,policies & proc$ures ,at ! reque/ ( any
 #b memb]s ( ! ,bo>d1 ! ,*airman %all   
place an item p]ta9+ to ! policies or   
proc$ures ( ! ,bank on ! ag5da =        
discussion by ! ,bo>d4 ,n lat] ?an #cj  
days aft] ! date su* a reque/ is made1 !
 ,*airman %all hold a meet+ ( ! ,bo>d at
 :i* su* item %all be discuss$4  7,d7   
,conflicts ( int]e/ ,no director1 (fic]1
 attorney1 ag5t1 or employee ( ! ,bank  
%all 9 any mann]1 directly or           
indirectly1 p>ticipate 9 ! delib]ation  
^u1 or ! det]m9ation (1 any "q affect+  
su* individual's p]sonal int]e/s1 or !  
int]e/s ( any corporation1 p>tn]%ip1 or 
association 9 :i* su* individual is     
directly or indirectly p]sonally        
int]e/$4  7#e7 ,hir+ & contract+        
au?ority  7,a7 ,contract+ ,! ,bank may  

employ or o!rwise contract ) banks1     
cr$it ag5cies1 attorneys1 & o!r ?ird    
p>ties at cu/om>y comm]cial rates4  7,b7
 ,hir+ ,not)/&+ any o!rwise applicable  
,f$]al rules & regulations1 ! ,bank may 
employ & o!rwise contract ) employees & 
provide comp5sation to su* employees at 
prevail+ rates = comp5sation = simil>   
positions 9 private indu/ry4  7#f7      
,sunset  7,a7 ,expiration ( *>t] ,!     
,bank %all cont9ue to ex]cise its       
functions until all obligations &       
commitm5ts ( ! ,bank are dis*>g$1 ev5   
aft] its *>t] has expir$4  7,b7 ,prior  
obligations ,no provisions ( ?is        
subsection %all be con/ru$ z prev5t+ !  
,bank f-- 7i7 acquir+ obligations prior 
to ! date ( ! expiration ( its *>t] :i* 
mature subsequ5t to su* date2  7ii7     
assum+1 prior to ! date ( ! expiration (
 its *>t]1 liability z gu>antor1        
endors]1 or acceptor ( obligations :i*  
mature subsequ5t to su* date2  7iii7    
issu+1 prior or subsequ5t to ! date ( ! 
expiration ( its *>t]1 = pur*ase by !   

,secret>y ( ! ,treasury or any o!r      
pur*as]s1 its notes1 deb5tures1 bonds1  
or o!r obligations :i* mature subsequ5t 
to su* date2 or  7iv7 cont9u+ z a       
corporation & ex]cis+ any ( its         
functions subsequ5t to ! date ( !       
expiration ( its *>t] = purposes (      
ord]ly liquidation1 includ+ !           
adm9i/ration ( its assets & ! collection
 ( any obligations held by ! ,bank4  7e7
 ,gre5 bank e/abli%m5t fund  7#a7       
,e/abli%m5t ,!re is e/abli%$ 9 !        
,treasury ( ! ,unit$ ,/ates a revolv+   
fund1 to be kn[n z ! ,gre5 ,bank        
,e/abli%m5t ,fund 7h]e9aft] ref]r$ to z 
! ,fund71 consi/+ (-- 7,a7 su* am\nts z 
are deposit$ 9 ! ,fund "u ?is subtitle1 
includ+ b n limit$ to proce$s f ! ,gre5 
,bonds issu$ "u section #cajb;,a2 &     
7,b7 su* sums z may be appropriat$ to   
supplem5t ! ,fund4  7#b7 ,au?orization (
 appropriations ,!re are au?oriz$ to be 
appropriat$ to ! ,fund su* sums z are   
necess>y to c>ry out ?is subtitle4  7#c7
 ,exp5ditures f ! fund ,am\nts 9 ! ,fund

 %all be available to ! ,*ief ,executive
 = obligation )\t fiscal ye> limitation1
 to rema9 available until exp5d$4  7f7  
,l5d+1 f9anc+1 exp5ditures  7#a7 ,9     
g5]al ,! ,bank %all e/abli% a program to
 provide1 on a competitive basis loans1 
loan gu>antees or cr$it buy d[ns f !    
,fund1 z ! ,bank det]m9es appropriate1  
solely to provide capitalization to an  
,eligible ,clean ,en]gy ,f9anc+         
,in/itution = ! e/abli%m5t or cont9u+   
op]ation ( t entity4  7#b7 ,requirem5ts 
,! ,bank may only provide loans1 loan   
gu>antees or cr$it buy d[ns "u p>agraph 
7#a7 if3 7,a7 ,application ,! applicant 
submits an application = loans1 loan    
gu>antees or cr$it buy d[ns 9 accordance
 ) application crit]ia e/abli%$ by !    
,bank4  7,b7 ,eligible clean en]gy      
f9anc+ in/itutions ,an entity is        
eligible to receive loans1 loan         
gu>antees or cr$it buy d[ns "u ?is      
section only if x--  7i7 meets !        
def9ition ( ,eligible ,clean ,en]gy     
,f9anc+ ,in/itution2  7ii7 uses ! fund+ 

f ! ,bank solely = ! purposes describ$ 9
 ?is section2 &  7iii7 satisfies !      
capitalization & fund+ requirem5ts z    
describ$ 9 ?is section4  7,c7 ,project  
f9ance ,! ,bank %all n directly l5d or  
o!rwise provide f9ancial products to any
 individual projects1 nor %all x be     
requir$ to exam9e individual projects = 
! purposes ( l5d+ "u p>agraph 7#a7 o!r  
?an z necess>y to det]m9e :e!r an       
applicant meets ! crit]ia = ,eligible   
,clean ,en]gy ,f9anc+ ,in/itutions4     
7,d7 ,capitalization & co-fund+ ,!      
,eligible ,clean ,en]gy ,f9anc+         
,in/itution-- 7i7 mu/ provide1 at ! "t (
 receipt ( any initial fund+ =          
capitalization by ! ,bank1 an am\nt f   
fund+ s\rces o!r ?an ! ,bank equival5t  
to no less ?an #a1jjj1jjj & no less ?an 
#bj p]c5t ( ! total initial fund+       
provid$ by ! ,bank2 &  7ii7 may n       
receive any subsequ5t fund+ =           
capitalization by ! ,bank1 9 addition to
 any initial fund+ = capitalization     
provid$ by ! ,bank 9 accordance ) 7i7   

above 91 ( am\nts great] ?an two times !
 am\nt ( capital committ$ = use by !    
,eligible ,clean ,en]gy ,f9anc+         
,in/itution = ,qualifi$ ,clean ,en]gy   
,projects & ,qualifi$ ,en]gy ,effici5cy 
,projects at ! "t ( application4  7#c7  
,regulations ,! ,bank %all e/abli%      
regulations to c>ry out ! activities &  
op]ations set out 9 ?is *apt]4  7g7     
,l5d+ activities  7#a7 ,fees ,! ,bank   
%all assess reasonable fees on its      
activities s z to cov] its reasonable   
co/s & exp5ses1 consi/5t ) ! ,f$]al     
,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 
#ffa et seq471 provid$ ! ,bank op]ates z
 a n-=-pr(it entity4  7#b7              
,appropriations & ret5tion ( receipts ,=
 purposes ( ! ,f$]al ,cr$it ,re=m ,act1 
funds made available to ! ,gre5 ,bank   
pursuant to section #cajb;,a = c>ry+ out
 ?is section are appropriat$ to ! ,gre5 
,bank = ! purposes describ$ 9 ! section4
 ,receipts collect$ by ! ,gre5 ,bank1   
consi/5t ) ! ,f$]al ,cr$it ,re=m ,act1  
%all be consid]$ to h be5 provid$ 9     

advance 9 an appropriations ,act1 & %all
 rema9 available to ! ,gre5 ,bank until 
exp5d$4  7#c7 ,immunity f impairm5t1    
limitation1 or re/riction  7,a7 ,9 g5]al
 ,all rights & rem$ies ( ! ,bank %all be
 immune f impairm5t1 limitation1 or     
re/rictions by or "u--  7i7 any law 7o!r
 ?an a law enact$ by ,congress expressly
 9 limitation ( ?is p>agraph7 t becomes 
effective aft] ! acquisition by ! ,bank 
( ! subject or prop]ty on1 "u1 or )     
respect to :i* ! "r or rem$y arises or  
exi/s or w\ld s arise or exi/ 9 ! abs5ce
 ( ! law2 or  7ii7 any adm9i/rative or  
o!r action t becomes effective aft] !   
acquisition4  7,b7 ,/ate law ,! ,bank   
may conduct its bus9ess )\t reg>d to any
 qualification or law ( any ,/ate relat+
 to incorporation4  7#d7 ,taxation  7,a7
 ,9 g5]al ,subject to subp>agraph 7,b71 
! ,bank 7includ+ its activities1        
capital1 res]ves1 surplus & income7 %all
 be exempt f all taxation impos$ by any 
,/ate or local political subdivision ( a
 ,/ate4  7,b7 ,real prop]ty ,any real   

prop]ty ( ! ,bank %all be subject to    
taxation by a ,/ate or political        
subdivision ( a ,/ate to ! same ext5t   
accord+ to ! value ( ! real prop]ty z   
o!r real prop]ty is tax$4  7#e7 ,p[] to 
remove2 jurisdiction ,not)/&+ any o!r   
provision ( law1 any civil action1 suit1
 or proce$+ to :i* ! ,bank is a p>ty    
%all be deem$ to arise "u ! laws ( !    
,unit$ ,/ates1 & ! ,unit$ ,/ates di/rict
 c\rts %all h orig9al jurisdiction4 ,!  
,bank may1 )\t bond or security1 remove 
any su* action1 suit1 or proce$+ f a    
,/ate c\rt to a ,unit$ ,/ates di/rict   
c\rt or to ! ,unit$ ,/ates ,di/rict     
,c\rt = ! ,di/rict ( ,columbia4  7#f7   
,sp5d+ safegu>ds  7,a7 ,9 g5]al ,! ,*ief
 ,executive ,(fic] ( ! ,bank-- 7i7 %all 
require any ,eligible ,clean ,en]gy     
,f9anc+ ,in/itution receiv+ f9ancial    
support pursuant to ?is section to      
report qu>t]ly1 9 a =mat specifi$ by !  
,*ief ,executive ,(fic]1 on su* entity's
 use ( su* support & its progress       
fulfill+ ! objectives = :i* su* support 

0 grant$1 & ! ,*ief ,executive ,(fic]   
%all make ^! reports available to !     
public2  7ii7 may e/abli% additional    
report+ & in=mation requirem5ts = any   
recipi5t ( f9anc+ support made available
 pursuant to ?is section2  7iii7 %all   
e/abli% appropriate me*anisms to ensure 
appropriate use & compliance ) all t]ms 
( any f9anc+ support made available     
pursuant to ?is section2  7iv7 may1 9   
addition to & consi/5t ) any o!r        
au?ority "u applicable law1 deobligate  
f9anc+ support made available pursuant  
to ?is section to entities t demon/rate 
an insuffici5t level ( p]=mance1 or     
wa/eful or fraudul5t sp5d+1 z def9$ 9   
advance by ! ,*ief ,executive ,(fic]1 & 
aw>d ^! funds competitively to new or   
exi/+ applicants consi/5t ) ?is section2
  7v7 %all create & ma9ta9 a fully      
se>*able database1 accessible on !      
,int]net 7or successor protocol7 at no  
co/ to ! public1 t conta9s at lea/--    
7,i7 a li/ ( ea* entity t has appli$ =  
loans1 loan gu>antees or cr$it buy d[ns 

"u ?is section2  7,,ii7 a description ( 
ea* application2  7,,iii7 ! /atus ( ea* 
su* application2  7,,iv7 ! "n ( ea*     
entity receiv+ funds made available     
pursuant to ?is section2  7,v7 ! purpose
 = :i* su* entity is receiv+ su* funds2 
7,,vi7 ea* qu>t]ly report submitt$ by ! 
entity pursuant to ?is section2 &       
7,,vii7 in=mation relat$ to ,qualify+   
,clean ,en]gy ,projects & ,qualify+     
,en]gy ,effici5cy ,projects fund$ by    
,eligible ,clean ,en]gy ,f9anc+         
,in/itutions us+ fund+ receiv$ f !      
,bank2  7vi7 to ! ext5t practicable1    
data ma9ta9$ "u clause 7v7 %all be us$  
to in=m private capital m>kets1 includ+ 
! developm5t ( und]writ+ /&>ds = !      
f9anc+ ( clean en]gy projects & en]gy   
effici5cy projects2  7vii7 %all make all
 f9anc+ transactions available = public 
inspection1 includ+ =mal annual reviews 
by bo? a private auditor & ! ,comptroll]
 ,g5]al2 &  7viii7 %all at all times be 
available to receive public comm5t 9    
writ+ on ! activities ( ! ,bank4  7,b7  

,protection ( confid5tial bus9ess       
in=mation ,to ! ext5t necess>y &        
appropriate1 ! ,*ief ,executive ,(fic]  
may r$act any in=mation reg>d+          
applicants & borr[]s to protect         
confid5tial bus9ess in=mation4  7#g7    
,gu>antee ,except z provid$ 9 section   
#cajb;,a7e7 ) respect to ,gre5 ,bonds1  
f9ancial support provid$ by ! ,bank %all
 n be fully & unconditionally gu>ante$  
by ! ,unit$ ,/ates4  4  #c4 ,con=m+     
am5dm5ts  7a7 ,tax exempt /atus ,section
 #eja7l7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by add+ at ! end !       
foll[+3  7#d7 ,! ,gre5 ,bank e/abli%$ "u
 section #ihja ( title #ca1 ,unit$      
,/ates ,code4  4  7b7 ,:olly own$       
gov]nm5t corporation ,section #iaja7c7 (
 title #ca1 ,unit$ ,/ates ,code1 is     
am5d$ by add+ at ! end ! foll[+3  7,s7 !
 ,gre5 ,bank4  4  7c7 ,cl]ical am5dm5ts 
7#a7 ,! table ( sections = *apt] #ca (  
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by ins]t+ aft] ! item relat+ to section
 #cajb ! foll[+ new item3  #cajb;,a4    

,gre5 ,bonds4  4  7#b7 ,! table ( *apt]s
 = subtitle ,,vi ( title #ca1 ,unit$    
,/ates ,code1 is am5d$ by add+ at ! end 
! foll[+ new item3  #ih4;,gre5          
,bank#ihja  4