NO. This bill establishes the Nevada Green Bank Program. The program would give below market mortgage loans to homeowners that “invest” in clean or reduced energy use products.
The government should not be in the banking business. This act will inhibit the business of “regular” banking institutions.
One more time: there is NOTHING in the US or NV Constitutions that allow a government to enter into partnership or competition with private enterprise. Whatever the motivation or excuse, the proper name for a system of government that does that is fascism.