S 1973
An Act relative to affordable housing and environmental adaptation dollars
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill proposes to create a new excise tax in Massachusetts to fund two key areas: climate change adaptation infrastructure and affordable housing investments. The revenue generated from this tax would be specifically allocated to projects designed to help the state prepare for the impacts of climate change and to increase the availability of affordable housing options. It builds upon previous legislation with similar goals.
Key provisions
- Imposes a new excise tax on certain businesses.
- Directs revenue from the tax towards climate change adaptation projects.
- Allocates revenue for investments in affordable housing.
- Prioritizes projects that address climate resilience and housing needs.
- The bill was amended and replaced by S.2751.
Who is affected
- Businesses subject to the excise tax
- Massachusetts residents seeking affordable housing
- The Commonwealth of Massachusetts
Notable changes
- Replaces previous legislation (S.1799, S.1853, S.192, S.193, S.2924) with a new proposal.
- The bill was amended and replaced by S.2751
Sponsors
Official sponsors from legislative records.
Primary sponsor
James B. Eldridge
Cosponsors
James B. Eldridge
James K. Hawkins
Jason M. Lewis
John F. Keenan
Arguments in favor
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Bill S.1973 194th (Current)
An Act relative to affordable housing and environmental adaptation dollars
By Mr. Eldridge, a petition (accompanied by bill, Senate, No. 1973) of James B. Eldridge, James K. Hawkins and Jason M. Lewis for legislation relative to the imposition of an excise tax to provide for climate change adaptation infrastructure and affordable housing investments in the Commonwealth. Revenue.
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Bill Information
Bill Information
Presenter: James B. Eldridge
Tabs
Bill History Petitioners Primary Sponsor Summary
Bill History
Displaying 4 actions for Bill S.1973
| Date | Branch | Action |
| 2/27/2025 | Senate | Referred to the committee on Revenue |
| 2/27/2025 | House | House concurred |
| 7/1/2025 | Joint | Hearing scheduled for 07/15/2025 from 10:00 AM-01:00 PM in A-1 |
| 12/22/2025 | Senate | Accompanied a new draft, see S2751 |
Similar Bills
S.2751 194th (Current)
An Act relative to affordable housing and environmental adaptation dollars
S.2924 191st (2019 - 2020)
An Act providing for climate change adaptation infrastructure and affordable housing investments in the Commonwealth
S.1853 192nd (2021 - 2022)
An Act providing for climate change adaptation infrastructure and affordable housing investments in the Commonwealth
S.1799 193rd (2023 - 2024)
An Act providing for climate change adaptation infrastructure and affordable housing investments in the commonwealth
S.1504 187th (2011 - 2012)
An Act equalizing the quarterly payments of excise taxes
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