An Act authorizing Barnstable County to establish an energy revolving loan fund
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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 authorizes Barnstable County, Massachusetts, to create an energy revolving loan fund. This fund would provide financing for projects that improve energy efficiency and renewable energy within the county. The goal is to support sustainable energy initiatives and reduce energy costs for residents and businesses. It allows the county to leverage funds for energy-related investments.
Key provisions
- Authorizes Barnstable County to establish an energy revolving loan fund.
- The fund will provide loans for energy efficiency and renewable energy projects.
- Projects funded can include improvements to buildings, infrastructure, and energy systems.
- The county will manage the fund and determine eligible projects.
- The fund’s terms and conditions will be established by the county.
- The fund can be used to support projects that reduce energy consumption and greenhouse gas emissions.
Who is affected
- Barnstable County residents
- Businesses in Barnstable County
- Municipalities within Barnstable County
- Regional government entities in Barnstable County
Notable changes
- Establishes a new mechanism for financing energy-related projects within Barnstable County.
- Provides a dedicated funding source for sustainable energy initiatives.
Bill text
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Sponsors
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2 on record
Primary sponsor
Cosponsor
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