Council Passes Bill 2-26 Expanding Green Bank Climate Mission

The Montgomery County Council passed Bill 2-26 on March 17, 2026, expanding the Green Bank's authority to use existing fuel-energy tax revenues to finance climate resilience and adaptation projects beyond its previous focus on renewable energy and energy efficiency. The legislation does not create new taxes. The Green Bank has grown from $10 million to $230 million in capacity since its founding and will now be able to finance projects addressing flooding, extreme heat, and infrastructure strain.