Summary of Bill S 824

Bill Number: S 824

Title: Relates to the climate change adaptation cost recovery program and requirements for climate change adaptive infrastructure projects

Status: SIGNED CHAP.100

Introduced: January 08, 2025

Classification: Bill

Purpose and Intent

Bill S 824 aims to enhance the state's ability to adapt to climate change by establishing a cost recovery program specifically for climate change adaptive infrastructure projects. The bill seeks to ensure that necessary infrastructure improvements are financially sustainable and effectively address the challenges posed by climate change.

Key Provisions

• Cost Recovery Program: The bill establishes a framework for recovering costs associated with climate change adaptation projects. This includes mechanisms for funding and financing these initiatives.

• Infrastructure Requirements: It outlines specific requirements for infrastructure projects that are designed to be resilient to climate change impacts. This includes standards for construction, maintenance, and evaluation of adaptive measures.

• Funding Sources: The bill identifies potential funding sources for these projects, which may include state funds, federal grants, and private investments.

• Reporting and Accountability: The legislation mandates regular reporting on the progress and effectiveness of funded projects, ensuring transparency and accountability in the use of public funds.

Who Would Be Affected

• Local Governments: Municipalities will be directly impacted as they will be responsible for implementing climate adaptation projects and may benefit from the cost recovery program.

• State Agencies: Various state agencies involved in infrastructure development and environmental protection will need to align their operations with the new requirements set forth in the bill.

• Community Stakeholders: Residents and businesses in areas vulnerable to climate change will benefit from improved infrastructure designed to withstand climate-related challenges.

Procedural Timeline

• January 08, 2025: Bill introduced and referred to rules.
• January 13, 2025: Ordered to third reading.
• January 22, 2025: Passed in the Senate and delivered to the Assembly.
• January 28, 2025: Substituted for companion bill A 1474 and ordered to third reading.
• February 24, 2025: Passed in the Assembly and returned to the Senate.
• February 28, 2025: Delivered to the Governor and signed into law as Chapter 100.

Conclusion

Bill S 824 represents a significant step towards enhancing the resilience of infrastructure in the face of climate change. By establishing a cost recovery program and setting clear requirements for adaptive projects, the legislation aims to ensure that communities are better prepared for the impacts of climate change while promoting sustainable funding practices.