Bill > S2362

This bill establishes a new financing program called the Equitable EV Facilities Matching Fund to support municipal parking facility upgrades that promote electric vehicle (EV) infrastructure and urban development. Cities and towns can apply for reimbursement to construct, reconstruct, or renovate parking facilities with EV charging stations, subject to several key performance standards. These standards include reducing surface parking in downtown areas, providing affordable and accessible EV charging in dense neighborhoods, supporting housing production and transit-oriented growth, incorporating urban design that enhances streetscapes, and presenting a financing plan covering local project costs. The program will reimburse municipalities based on their median income, with reimbursement rates ranging from 30% to 80%. The Massachusetts Department of Transportation will administer the matching grant fund, which will be funded through state bonds and appropriations. By providing financial incentives, the bill aims to promote EV equity, improve urban infrastructure, and encourage more sustainable transportation and development practices in municipal areas.

Budget and Finance, Transportation and Infrastructure

https://malegislature.gov/Bills/194/S2362