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| 2 | 2 | | HOUSE DOCKET, NO. 2481 FILED ON: 1/16/2025 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 3480 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Mindy Domb |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act transferring the Massachusetts Community Climate Bank to the Massachusetts Clean |
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| 13 | 13 | | Energy Technology Center. |
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| 14 | 14 | | _______________ |
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| 15 | 15 | | PETITION OF: |
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| 16 | 16 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Mindy Domb3rd Hampshire1/16/2025 1 of 2 |
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| 17 | 17 | | HOUSE DOCKET, NO. 2481 FILED ON: 1/16/2025 |
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| 18 | 18 | | HOUSE . . . . . . . . . . . . . . . No. 3480 |
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| 19 | 19 | | By Representative Domb of Amherst, a petition (accompanied by bill, House, No. 3480) of |
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| 20 | 20 | | Mindy Domb relative to transferring the Massachusetts Community Climate Bank to the |
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| 21 | 21 | | Massachusetts Clean Energy Technology Center. Telecommunications, Utilities and Energy. |
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| 22 | 22 | | The Commonwealth of Massachusetts |
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| 23 | 23 | | _______________ |
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| 24 | 24 | | In the One Hundred and Ninety-Fourth General Court |
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| 25 | 25 | | (2025-2026) |
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| 26 | 26 | | _______________ |
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| 27 | 27 | | An Act transferring the Massachusetts Community Climate Bank to the Massachusetts Clean |
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| 28 | 28 | | Energy Technology Center. |
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| 29 | 29 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 30 | 30 | | of the same, as follows: |
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| 31 | 31 | | 1 SECTION 1. The Massachusetts Housing Finance Agency shall transfer all assets, |
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| 32 | 32 | | 2personnel, documents, and ongoing initiatives of the Massachusetts Community Climate Bank to |
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| 33 | 33 | | 3the Massachusetts Clean Energy Technology Center. |
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| 34 | 34 | | 4 SECTION 2. Section 2 of chapter 23J of the General Laws is hereby amended by adding |
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| 35 | 35 | | 5the following to subsection (a): |
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| 36 | 36 | | 6 “The center shall serve as the commonwealth’s Green Bank to accelerate clean energy |
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| 37 | 37 | | 7adoption, climate resilience, and environmental sustainability by financing, supporting, and |
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| 38 | 38 | | 8investing in residential, municipal, small business and larger commercial projects and such |
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| 39 | 39 | | 9others as the center may determine. The center shall prioritize projects that advance the |
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| 40 | 40 | | 10Commonwealth’s climate goals, reduce greenhouse gas emissions, and promote equitable access |
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| 41 | 41 | | 11to clean energy. Such support shall include, but is not limited to, providing grants, loans, loan 2 of 2 |
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| 42 | 42 | | 12guarantees or debt and equity investments to projects that lower greenhouse gases within the |
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| 43 | 43 | | 13commonwealth and working with local lenders to offer low or zero interest loans to new and |
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| 44 | 44 | | 14existing clean energy and climate technology companies or ventures including but not limited to |
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| 45 | 45 | | 15companies or ventures that offer building decarbonization, residential solar, nonprofit solar, |
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| 46 | 46 | | 16electric car loans and vehicle financing.” |
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