National Environmental Financing Act

[AI summary unavailable — showing source text] National Environmental Financing Act - Sets forth the findings of the Congress and the purpose of this Act. Provides definitions of terms relating to this Act. Creates the National Environmental Bank. Provides that management of the bank shall be by a Board of Directors consisting of the Secretary of the Treasury, Secretary of Commerce, Secretary of Health, Education and Welfare, Secretary of Agriculture, Director of the Environmental Protection Agency, Chairman of the President's Council on Environmental Quality, Director of the National Oceanic and Atmospheric Agency, and six other persons appointed by the President. Authorizes the appointment of officers and employees. Prohibits conflict interests by any director, officer, attorney, agent, or employee of the bank. Prohibits political activities by such persons. Grants the bank general corporate power and requires the principal office of the bank to be located in the District of Columbia. Provides capital stock of $500,000,000 subscribed to by the United States, payment for which shall be subject to call in whole or in part by the Board. Authorizes the Secretary of Treasure to purchase stock in amounts designated by the Board up …