An Act transferring the Massachusetts Community Climate Bank to the Massachusetts Clean Energy Technology Center
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill transfers the operations and functions of the Massachusetts Community Climate Bank to the Massachusetts Clean Energy Technology Center. The Clean Energy Technology Center will assume responsibility for administering and overseeing the bank’s activities, which focus on supporting clean energy projects. This transfer aims to streamline climate finance initiatives within the state.
Key provisions
- The Massachusetts Community Climate Bank is transferred to the Massachusetts Clean Energy Technology Center.
- The Clean Energy Technology Center will assume responsibility for the bank’s operations.
- The transfer is intended to enhance the efficiency of climate finance programs.
- The bill establishes the Massachusetts Clean Energy Technology Center.
- The Center will continue to support clean energy projects.
- The transfer does not alter the bank’s mission or purpose.
- The Clean Energy Technology Center will oversee the bank’s activities.
Who is affected
- Clean energy project developers
- Environmental organizations
- The Massachusetts Clean Energy Technology Center
- State government agencies involved in energy and climate initiatives
- Investors in clean energy projects
Notable changes
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Sponsors
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2 on record
Primary sponsor
Cosponsor
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