Bill
Bill > H3489
MA H3489
MA H3489Authorizing borrowing by cities and towns at zero percent from the Commonwealth for green energy sources
summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
02/27/2025
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
For legislation to authorize cities and towns to borrow from the Commonwealth without interest for green energy programs for such municipalities. Telecommunications, Utilities and Energy.
AI Summary
This bill proposes to amend Chapter 44 of the Massachusetts General Laws by adding a new section that allows cities and towns to borrow funds directly from the Commonwealth (the state government) at zero percent interest specifically for green energy initiatives. These initiatives can include both studying potential green energy sources and actually creating green energy power sources within the municipality. By offering zero-interest loans, the bill aims to make it financially easier for local governments to invest in sustainable energy infrastructure and research, potentially encouraging more municipalities to explore and develop renewable energy projects without the financial burden of traditional loan interest rates.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Accompanied a study order, see H5323 (on 04/06/2026)
Official Document
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/H3489 |
| BillText | https://malegislature.gov/Bills/194/H3489.pdf |
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