An Act relative to tax incentives for building to NetZero Standards
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill proposes tax incentives to encourage buildings in Massachusetts to meet NetZero standards, meaning they generate as much energy as they consume. It aims to reduce greenhouse gas emissions by promoting energy efficiency and renewable energy adoption in the construction sector. The bill seeks to address the costs associated with achieving these sustainability goals. It is part of a series of legislative efforts focused on climate change and economic development.
Key provisions
- Provides tax incentives for building owners who achieve NetZero standards.
- Focuses on reducing greenhouse gas emissions from the building sector.
- Encourages the use of renewable energy sources in building construction and operation.
- Supports energy efficiency improvements in existing buildings.
- May include provisions for assessing and verifying NetZero performance.
Who is affected
- Building owners and developers
- Construction industry
- Massachusetts residents
- Energy sector
- Government
Notable changes
- Introduces a new tax incentive program for NetZero buildings.
- Aligns with broader state goals for reducing carbon emissions.
- Potentially complements existing energy efficiency programs.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Christopher Richard Flanagan
Cosponsor
Christopher Richard Flanagan
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