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 House
- Passed Senate
- To Governor
- Became Law
Overview
This bill proposes to transfer the operations and responsibilities of the Massachusetts Community Climate Bank to the Massachusetts Clean Energy Technology Center. The goal is to consolidate climate finance resources and expertise under one organization. The transfer would allow the Clean Energy Technology Center to better support projects that advance Massachusetts’ climate goals. This shift aims to streamline the process of accessing climate funding for businesses and communities.
Key provisions
- The Massachusetts Community Climate Bank will be transferred to the Massachusetts Clean Energy Technology Center.
- The Clean Energy Technology Center will assume responsibility for managing and administering the bank’s funds.
- The transfer will occur without altering the bank’s mission or existing programs.
- The Clean Energy Technology Center will continue to provide financial assistance for climate-friendly projects.
Who is affected
- Businesses seeking climate-related funding
- Communities involved in climate resilience projects
- The Massachusetts Clean Energy Technology Center
- The Telecommunications, Utilities and Energy Committee
- Massachusetts residents and businesses
Notable changes
- The current structure of climate finance in Massachusetts will change with the transfer of operations.
Bill text
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Sponsors
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2 on record
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Cosponsor
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