Bill
H 987
Overview: H 987, "An Act relative to the circular economy", was introduced on February 27, 2025. The bill has been reported favorably by committee and referred to the committee on
Overview: H 987, "An Act relative to the circular economy", was introduced on February 27, 2025. The bill has been reported favorably by committee and referred to the committee on House Ways and Means.
Purpose and Intent: The primary goal of this legislation is to promote the development of a circular economy within the state, which aims to minimize waste and maximize the reuse and recycling of materials. The bill seeks to incentivize businesses and consumers to adopt more sustainable practices and reduce the environmental impact of production and consumption.
Key Provisions:
- Establishes a state-level Circular Economy Council to coordinate and oversee circular economy initiatives
- Provides tax credits and other financial incentives for businesses that implement circular economy practices
- Requires state agencies to prioritize the procurement of products and services that align with circular economy principles
- Mandates the development of a comprehensive state-wide circular economy strategy and implementation plan
Affected Parties and Impacts: This bill would impact a wide range of stakeholders, including businesses, consumers, and state and local governments. It could lead to the creation of new "green" jobs, reduced waste and pollution, and a more sustainable economic model for the state.
Procedural and Timeline Considerations: The bill has been reported favorably by committee and is now under consideration by the House Ways and Means committee. Further legislative action, such as committee hearings and floor votes, will determine the bill's progress towards potential enactment.
Compiled from official sources — confirm details with the bill’s official record.
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