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Bill > H4273


MA H4273

MA H4273
Establishing a green banks program


summary

Introduced
03/06/2018
In Committee
03/06/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Establishing a green banks program

AI Summary

This bill establishes a Massachusetts Green Banks Fund within the Massachusetts Clean Energy Center to finance renewable energy and energy efficiency projects. The fund will provide loans, loan guarantees, and other forms of financing to help address "financing gaps" that prevent creditworthy projects from reaching their intended scale. The fund will be financed through appropriations, bond proceeds, fees, and other sources, and the center will act as the coordinating organization to promote and implement financing options that advance the state's clean energy and energy efficiency goals. The bill also requires the center to establish a committee to report on potential legislation to further enhance the establishment of a Green Bank for the Commonwealth.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/01/2019)

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