Bill
HD 4319
Overview: Bill Number: HD 4319, Title: An Act to exclude uncertified offshore wind companies from receiving Massachusetts Offshore Wind Industry Investment Trust Fund expenditures,
Overview: Bill Number: HD 4319, Title: An Act to exclude uncertified offshore wind companies from receiving Massachusetts Offshore Wind Industry Investment Trust Fund expenditures, Status: Scheduled for the House Journal Addenda, Introduced: January 29, 2025
Purpose and Intent: The primary goal of this bill is to ensure that only certified offshore wind companies are eligible to receive funding from the Massachusetts Offshore Wind Industry Investment Trust Fund. The legislation aims to promote the development of a robust and reliable offshore wind industry in the state by directing investment towards companies that have met certain certification requirements.
Key Provisions:
- Prohibits the Massachusetts Clean Energy Center from providing funding from the Offshore Wind Industry Investment Trust Fund to any offshore wind company that has not been certified by the state
- Establishes a certification process for offshore wind companies, including requirements related to technical expertise, financial stability, and compliance with environmental and labor standards
- Requires the Massachusetts Clean Energy Center to develop and implement the certification program within a specified timeframe
Affected Parties and Impacts:
- Offshore wind companies seeking to participate in the Massachusetts offshore wind industry
- The Massachusetts Clean Energy Center, which will be responsible for administering the certification program and managing the Offshore Wind Industry Investment Trust Fund
- The general public, who may benefit from the development of a more reliable and sustainable offshore wind industry in the state
Procedural and Timeline Considerations:
- The bill is currently scheduled for the House Journal Addenda, indicating that it is likely to be considered by the state legislature in the near future
- If enacted, the legislation would require the Massachusetts Clean Energy Center to develop and implement the certification program within a specified timeframe, likely within 6-12 months of the bill's effective date
Compiled from official sources — confirm details with the bill’s official record.
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