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Bill > H3488


MA H3488

MA H3488
Relative to tax incentives for building to NetZero Standards


summary

Introduced
02/27/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

194th General Court

Bill Summary

Relative to the cost burdens of certain incentives for statewide greenhouse gas emissions limits. Telecommunications, Utilities and Energy.

AI Summary

This bill requires the Massachusetts Department of Energy Resources (DOER) to conduct a comprehensive analysis of regulations related to greenhouse gas emissions limits, specifically focusing on their potential economic impacts. The analysis must include three key components: (1) assessing the increased cost burden of each regulatory provision compared to what costs would be without those provisions, (2) evaluating the aggregate impact of these regulations on housing affordability, and (3) identifying potential incentives, subsidies, or programs that could offset the increased compliance costs and ensure that the regulations do not negatively impact housing production costs. The commissioner of DOER is mandated to complete this analysis and submit a detailed report to the joint committee on telecommunications, utilities and energy, as well as the chairs of the house and senate committees on ways and means, by December 31, 2026. This bill appears to be part of a broader effort to balance environmental regulations with economic considerations, particularly in the context of housing development and energy efficiency standards.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Senate concurred (on 02/27/2025)

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/194/H3488
BillText https://malegislature.gov/Bills/194/H3488.pdf
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