Bill > H4835

This bill: This bill provides funding and establishes programs to promote climate change adaptation, environmental and natural resource protection, and investment in recreational assets and opportunities across the Commonwealth. Key provisions include: - Establishing grant and loan programs to help owners of gas stations replace underground storage tanks and monitoring equipment to reduce the risk of pollution. - Providing funding for improvements and replacements to the infrastructure and holdings of the Executive Office of Energy and Environmental Affairs, including for climate change mitigation and adaptation projects. - Funding a variety of land conservation, open space preservation, habitat restoration, and climate resilience projects through grant programs. - Creating a new Global Warming Solutions Trust Fund to finance climate change mitigation and adaptation efforts. - Establishing a municipal vulnerability preparedness grant program to support climate change vulnerability assessments and adaptation planning at the local level. - Modifying laws related to the transfer of development rights to facilitate climate adaptation. - Making various changes to laws governing marine fisheries and aquaculture to align with environmental protection goals. The bill also authorizes the issuance of bonds to fund these initiatives.

Budget and Finance

https://malegislature.gov/Bills/190/H4835