WeVote
Log In

Bill

Bill

S 674

Broadband Grant Tax Treatment Act

119th Congress Introduced by Tammy Baldwin and 15 co-sponsors

Bill S 674 creates a Carbon Sequestration Support Fund in Massachusetts, providing grants to local governments and non-profits to enhance carbon dioxide removal efforts.

Introduced in Senate
0
WeVote Research Nonpartisan
Bill Summary · S 674

Summary of Bill S 674: An Act Relative to the Creation of the Carbon Sequestration Support Fund

Purpose and Intent

Bill S 674 aims to establish the Carbon Sequestration Support Fund in the Commonwealth of Massachusetts. The primary goal of this fund is to provide financial grants that will support initiatives aimed at increasing the sequestration of carbon dioxide from the atmosphere. This initiative is part of broader efforts to combat climate change and promote environmental sustainability.

Key Provisions

  • Establishment of the Fund: The bill mandates the creation of the Carbon Sequestration Support Fund, which will be set up on the books of the Commonwealth.
  • Grant Distribution: The fund will be used to provide grants to various entities, including local governments, non-profits, and possibly private organizations, to support projects that enhance carbon sequestration efforts.
  • Focus on Carbon Sequestration: The bill emphasizes actions that directly contribute to the removal of carbon from the atmosphere, aligning with environmental goals and climate action strategies.

Affected Parties

  • Local Governments: Municipalities may apply for grants to implement local carbon sequestration projects.
  • Non-Profit Organizations: Environmental groups and other non-profits focused on climate initiatives could benefit from funding to support their programs.
  • Private Sector: Businesses engaged in sustainable practices or technologies that promote carbon sequestration may also be eligible for grants.

Legislative Process and Timeline

  • Introduced: The bill was introduced on February 27, 2025, and referred to the Committee on Environment and Natural Resources.
  • House Concurrence: The House of Representatives concurred with the bill on the same day it was introduced.
  • Hearing Scheduled: A public hearing is set for July 1, 2025, from 1:00 PM to 5:00 PM in Room A-1, allowing stakeholders and the public to provide input on the proposed legislation.
  • Study Order: On November 13, 2025, the bill was accompanied by a study order (see S2718), indicating further examination or discussion is needed.

Conclusion

Bill S 674 represents a proactive step by the Commonwealth of Massachusetts to address climate change through the establishment of a dedicated fund for carbon sequestration initiatives. By providing financial support for relevant projects, the bill aims to enhance the state's efforts in reducing atmospheric carbon levels and promoting environmental health.

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

Sign in to ask a question.