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Bill > H4435


MA H4435

Authorizing Old Rochester Regional School District to enter into renewable energy agreements


summary

Introduced
02/20/2020
In Committee
03/16/2020
Crossed Over
06/18/2020
Passed
06/25/2020
Dead
Signed/Enacted/Adopted
07/02/2020

Introduced Session

191st General Court

Bill Summary

Authorizing Old Rochester Regional School District to enter into renewable energy agreements

AI Summary

This bill authorizes the Old Rochester Regional School District to enter into renewable energy agreements, including power purchase agreements with renewable energy developers. The bill allows the district to lease, license, or grant easements on school property for up to 30 years for the purpose of renewable energy generation and energy storage systems. The bill outlines specific requirements for such agreements, including the district's ability to establish a receipts reserved account for any revenue generated and the requirement for the lessee to maintain an escrow fund for certain costs. The bill also requires financial records to be made available for inspection by state auditors.

Sponsors (3)

Other Sponsors (1)

Committee on Education (J)

Last Action

Signed by the Governor, Chapter 112 of the Acts of 2020 (on 07/02/2020)

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