Bill

Bill > H750


MA H750

Establishing sustainable and equitable funding for climate change adaptation and mitigation


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 sustainable and equitable funding for climate change adaptation and mitigation. Environment and Natural Resources.

AI Summary

This bill establishes a Climate & Community Resilience Fund to support climate change adaptation and mitigation efforts, with a focus on supporting low-income communities, communities of color, and other marginalized populations that have faced disproportionate environmental burdens. The fund will be administered by an independent 11-member board, with two-thirds of the members representing community-based organizations. The fund can be used to support a range of initiatives, including equitable clean energy and resilience projects, workforce development, and community-led planning and implementation efforts. The bill also creates a property insurance fee to provide a dedicated funding source for the fund, with provisions to make the fee affordable and minimize administrative costs. The bill requires annual reporting on the fund's activities and progress in meeting its goals.

Committee Categories

Agriculture and Natural Resources

Sponsors (13)

Last Action

Accompanied a study order, see H4668 (on 05/23/2024)

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/H750
BillText https://malegislature.gov/Bills/193/H750.pdf
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