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HD 6065

A communication from the Massachusetts Clean Energy Center (see item 1595-6232 of Section 2E of Chapter 9 of the Acts of 2025) submitting the Clean Energy Investment Fund budget for fiscal year 2026

194th Legislature (2025-2026)

MassCEC submits the FY2026 Clean Energy Investment Fund budget detailing fund allocations, envisioned disbursements, and performance measures to advance clean energy projects in Ma

Placed on file
0
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Bill Summary · HD 6065

Bill Summary: HD 6065 (Session 194th, Massachusetts)

Purpose and Intent

  • This bill is a communication from the Massachusetts Clean Energy Center (MassCEC) submitting the Clean Energy Investment Fund budget for fiscal year 2026.
  • It functions as a budgetary report accompanying MassCEC’s proposed fiscal plan, outlining the allocation and use of funds dedicated to clean energy investments and initiatives.

Key Provisions and Changes

  • Funding Source and Purpose: Establishes and presents the Clean Energy Investment Fund budget for FY2026, detailing how funds are to be invested and expended to advance clean energy projects and related activities in Massachusetts.
  • Budget Content: While the bill text in this item corresponds to a submission rather than a standalone appropriations bill, typical components likely included are:
    • Projected fund balance and revenue sources for the Clean Energy Investment Fund.
    • Planned disbursements for grant programs, loan programs, or guarantees administered by MassCEC.
    • Allocation details for administration, program staff, and operational costs related to fund management.
    • Performance and accountability measures, including metrics to monitor impact on clean energy deployment, job creation, and greenhouse gas reductions.
  • Reporting and Submission: The communication is submitted as part of the legislative process to inform lawmakers of the FY2026 budget and to seek appropriate approvals or further action as part of the state budget cycle.

Affected Parties and Impacts

  • Massachusetts Clean Energy Center (MassCEC): Primary administrator of the Clean Energy Investment Fund; the bill provides the budget framework for their 2026 activities.
  • Clean Energy Projects and Stakeholders: Potential beneficiaries include developers of energy efficiency, renewable energy, and related clean tech projects that rely on MassCEC funding, grants, or loan programs.
  • State Legislature and Agencies: Legislators and fiscal committees use the budget submission to evaluate funding adequacy, program performance, and alignment with climate and energy policy goals.

Procedural and Timeline Aspects

  • Status: As of the latest action, the bill was “Placed on file” (2026-05-26), indicating it has been recorded or transmitted for informational purposes and is not currently moving through a voting or amendment process within the chamber.
  • Fiscal Year Focus: The document centers on the FY2026 budget for the Clean Energy Investment Fund, aligning with Massachusetts’ annual budget cycle and MassCEC’s program-year planning.

Additional Notes

  • The item references a specific legislative notation: “see item 1595-6232 of Section 2E of Chapter 9 of the Acts of 2025,” which identifies the legal framework governing the Clean Energy Investment Fund and the massport/agency authority under the Acts of 2025. The current submission serves to detail the FY2026 budget within that framework.

If you’d like, I can tailor this into an executive summary for policymakers, or extract and compare this budget submission to prior years to highlight changes in funding levels and program emphasis.

Compiled from official sources — confirm details with the bill’s official record.

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