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Bill > H396


MA H396

Establishing a revolving fund to supplement the funding of waterway projects and coastal protection initiatives


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to the funding of waterway projects and coastal protection initiatives. Environment, Natural Resources and Agriculture.

AI Summary

This bill establishes a Coastal Protection and Harbor Maintenance Revolving Fund to provide financial assistance to local government units for coastal protection and harbor maintenance projects. The Department of Environmental Management is authorized to utilize appropriations from the fund to provide zero or low-interest loans to municipalities for up to 50% of the approved costs of such projects. The state treasurer will provide contract assistance to the department up to the amount appropriated by the commonwealth per fiscal year. The department is required to report annually on the total assistance authorized and requests that could not be met due to exhaustion of available appropriations.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

Accompanied a study order, see H4571 (on 06/06/2018)

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