Bill

Bill > S587


MA S587

Creating the commercial fisheries offshore wind mitigation fund


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation to create the commercial fisheries offshore wind mitigation fund. Environment and Natural Resources.

AI Summary

This bill creates the Commercial Fisheries Offshore Wind Mitigation Fund, a separate fund within the Commonwealth of Massachusetts. The purpose of this fund is to maintain the seafood industry's resiliency and expand opportunities by developing new fisheries, enhancing existing ones, introducing new and efficient technologies, and modernizing physical infrastructure. The fund will consist of revenues, bond proceeds, investment income, and public and private grants or donations specifically designated for the fund. The fund will be administered by the Commissioner of Fish and Game in consultation with the Commercial Fisheries Commission, and an annual report on the fund's activities and expenditures will be provided to the legislature.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Accompanied a study order, see S2650 (on 02/15/2024)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/S587
BillText https://malegislature.gov/Bills/193/S587.pdf
Loading...