House Financial Services Committee Passes GREEN Bill
The House Financial Services Committee has unanimously passed a bill that would provide incentives to lenders and financial institutions to offer lower interest loans and other benefits to Americans who build or buy energy-efficient homes, or who remodel their houses to make them more efficient. The bill also provides incentives for business and government entities.
Sponsored by Rep. Ed Perlmutter (D-Colo.), the bill is dubbed "Green Resources for Energy Efficient Neighborhoods," or "GREEN." If it passes the House, it moves on to the Senate.