Bill
Bill > LD1659
summary
Introduced
05/03/2021
05/03/2021
In Committee
05/03/2021
05/03/2021
Crossed Over
06/15/2021
06/15/2021
Passed
06/16/2021
06/16/2021
Dead
Signed/Enacted/Adopted
06/17/2021
06/17/2021
Introduced Session
130th Legislature
Bill Summary
This bill creates the Maine Clean Energy and Sustainability Accelerator to support the development of clean energy and sustainability projects and infrastructure through providing financing support, including loans, loan guarantees and other financial and risk mitigation products. The accelerator is administered by the Efficiency Maine Trust.
AI Summary
This bill creates the Maine Clean Energy and Sustainability Accelerator, which is administered by the Efficiency Maine Trust. The Accelerator is designed to support the development of clean energy and sustainability projects and infrastructure by providing financing support, including loans, loan guarantees, and other financial and risk mitigation products. The Accelerator aims to help the state combat climate change by rapidly deploying mature technologies and commercializing and scaling new technologies to maximize the reduction of greenhouse gas emissions. The Accelerator is required to ensure that 40% of its investment activity is directed towards serving vulnerable communities, and it must also ensure that workers employed on projects exceeding $100,000 in total costs are paid prevailing wages.
Committee Categories
Transportation and Infrastructure
Sponsors (10)
Stanley Paige Zeigler, Jr. (D)*,
Rick Bennett (I),
Anne Carney (D),
Scott Cuddy (D),
Janice Dodge (D),
Ryan Fecteau (D),
Nicole Grohoski (D),
Christopher Kessler (D),
Sawin Millett (R),
Melanie Sachs (D),
Last Action
PASSED TO BE ENACTED, in concurrence. (on 06/17/2021)
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