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