Massachusetts 2023-2024 Regular Session

Massachusetts Senate Bill S587 Latest Draft

Bill / Introduced Version Filed 02/16/2023

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SENATE DOCKET, NO. 2310       FILED ON: 1/20/2023
SENATE . . . . . . . . . . . . . . No. 587
The Commonwealth of Massachusetts
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PRESENTED BY:
Bruce E. Tarr
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act creating the commercial fisheries offshore wind mitigation fund.
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PETITION OF:
NAME:DISTRICT/ADDRESS :Bruce E. TarrFirst Essex and Middlesex 1 of 2
SENATE DOCKET, NO. 2310       FILED ON: 1/20/2023
SENATE . . . . . . . . . . . . . . No. 587
By Mr. Tarr, a petition (accompanied by bill, Senate, No. 587) of Bruce E. Tarr for legislation to 
create the commercial fisheries offshore wind mitigation fund. Environment and Natural 
Resources.
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act creating the commercial fisheries offshore wind mitigation fund.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority 
of the same, as follows:
1 Chapter 10 of the general laws as appearing in the 2020 official edition is hereby 
2amended by inserting after section 35PPP the following new section:-“Section 35QQQ
3 (a)There is hereby established and set up on the books of the commonwealth a 
4separate fund to be known as the Commercial Fisheries Offshore Wind Mitigation. The purpose 
5of this fund shall be to maintain seafood industry resiliency and expand opportunity by 
6developing new fisheries; enhancing existing fisheries; introducing new and efficient 
7technologies; and modernizing physical infrastructure to ensure the seafood industry’s 
8competitiveness in a global marketplace, all of which will upgrade energy efficiency, lower 
9carbon footprints, and improve operational efficiencies. The fund shall consist of: (i) any 
10revenues or other financing sources directed to the fund by appropriation; (ii) bond revenues or 
11other monies authorized by the general court and specifically designated to be credited to the 
12fund; (iii) any income derived from the investment of amounts credited to the fund or repayment  2 of 2
13of loans from the fund; (iv) funds from public and private sources including, but not limited to 
14gifts, federal or private grants, donations, rebates and settlements received by the commonwealth 
15that are specifically designated to be credited to the fund; and (v) all other amounts credited or 
16transferred into the fund from any other source. The executive office of energy and 
17environmental affairs shall seek to maximize fund revenues through federal monies, matching 
18funds and grants. The fund shall be administrated by the commissioner of fish and game in 
19consultation with the commercial fisheries commission established by section 79 of chapter 179 
20of the acts of 2022. Any unexpended balances in the fund at the end of the fiscal year shall not 
21revert back to the General Fund and shall be available for expenditures in the subsequent fiscal 
22year. 
23 (b)Annually, not later than December 1, the commissioner of fish and game shall 
24report on the activities of the fund to the clerks of the house of representatives and the senate and 
25to the house and senate committees on ways and means. The report shall include an accounting 
26of expenditures made from the fund with a description of the authorized purpose of each 
27expenditure, an accounting of amounts credited to the fund and any unexpended balance 
28remaining in the fund