Establishes a climate and community resilience fund to support climate change adaptation and mitigation initiatives.
The bill establishes a climate and community resilience fund to support climate change adaptation and mitigation initiatives in Massachusetts. The fund will receive money from a property insurance fee, bond revenues, and other sources. An eleven-member independent board will oversee the fund, ensuring it prioritizes environmental justice and supports community-based organizations. The board will determine funding allocations, administrative practices, and transparency measures.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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