Bill

Bill > H848


MA H848

Establishing a 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

Relative to establishing a commercial fisheries offshore wind mitigation fund to be administered by the Division of Marine Fisheries. Environment and Natural Resources.

AI Summary

This bill establishes a Commercial Fisheries Offshore Wind Mitigation Fund to be administered by the Division of Marine Fisheries. The fund will be credited with a percentage of the total amount agreed upon in procurement contracts between the Commonwealth and offshore wind providers, as well as a percentage of ratepayer fees paid to these providers. The funds can be used, subject to appropriation, to support the commercial fishing industry, which may be impacted by the development of offshore wind projects. The Division of Marine Fisheries will seek input from the Commercial Fisheries Commission on how to allocate the funds for each upcoming fiscal year.

Committee Categories

Agriculture and Natural Resources

Sponsors (3)

Last Action

Accompanied a study order, see H4735 (on 07/15/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H848
BillText https://malegislature.gov/Bills/193/H848.pdf
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