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Bill > H4045


MA H4045

MA H4045
Establishing an arrearage relief fund


summary

Introduced
07/29/2021
In Committee
07/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to provide universal arrearage relief to the ratepayers of the Commonwealth to address utility debts as a result of the COVID-19 pandemic emergency. Telecommunications, Utilities and Energy.

AI Summary

This bill establishes the Utilities Arrearage Relief Trust Fund to provide arrearage relief to ratepayers of the Commonwealth affected by the COVID-19 pandemic. It imposes a greenhouse gas pollution fee on non-transportation fossil fuels, the proceeds of which will be used to pay off 100% of ratepayer arrearages incurred between March 1, 2020 and the effective date of the bill, and to cover 50% of residential electric and gas ratepayer bills until December 31, 2025. The bill also requires utility companies to enroll eligible ratepayers in their arrearage management plans and establishes a moratorium on electric and gas rate increases for a period of 3 years.

Committee Categories

Transportation and Infrastructure

Sponsors (8)

Last Action

Accompanied a study order, see H5042 (on 08/29/2022)

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