Bill
Bill > H744
MA H744
Establishing a revolving fund to supplement the funding of waterway projects and coastal protection initiatives
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to the funding of waterway projects and coastal protection initiatives. Environment and Natural Resources.
AI Summary
This bill establishes a Coastal Protection and Harbor Maintenance Revolving Fund to provide financial assistance to local government units for approved coastal protection and harbor maintenance projects. The Department of Environmental Management is authorized to utilize appropriations to the fund to offer zero or low-interest loans to municipalities, covering up to 50% of the approved project costs. The department is required to promulgate regulations defining eligible projects and a process for municipalities to submit additional proposals for consideration. The bill also directs the department to report annually on the total assistance authorized and the number and aggregate amount of requests received.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Accompanied a study order, see H4735 (on 07/15/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/H744 |
| BillText | https://malegislature.gov/Bills/193/H744.pdf |
Loading...