SECTION 1.  (a) Notwithstanding any general or special law to the contrary, there shall be established a commission known as the voluntary acquisition of flood risk properties commission, which shall assess the advantages and disadvantages of voluntary acquisition of flood risk properties and structures across the commonwealth, examine the feasibility of such a program, and identify the components of such a program. The secretary of energy and environmental affairs and the director of the Massachusetts emergency management agency shall jointly implement and oversee the commission’s work.

(b) The commission shall consist of the following members or their designee: the secretary of energy and environmental affairs, who shall serve as chair; the director of the Massachusetts emergency management agency, who shall serve as co-chair; the secretary of the executive office of housing and economic development; the director of the bureau of relocation; the commissioner of the department of environmental protection; the director of coastal zone management; the director of the division of ecological restoration; the director of the department of conservation and recreation flood management program; the minority leader of the senate; the minority leader of the house; and the house and senate chairs of the joint committee on environment, natural resources and agriculture. 

(c) The commission shall include nine (9) additional members appointed by the chair; 1 of whom shall be a representative of a statewide land conservation organization, 1 of whom shall be a representative of a river protection organization, 1 of whom shall be a representative of a statewide wildlife protection organization, 1 of whom shall be a representative of an environmental justice organization, 1 of whom shall be a representative of a housing justice organization, 1 of whom shall be a representative of an organization with expertise in hazard insurance, 1 of whom shall be a representative of an organization with expertise in mortgages, 1 of whom shall have academic expertise in climate data and flooding, 1 of whom shall be a representative of a regional planning agency in a flood risk area. The members of the commission shall be appointed not later than 30 days after the effective date of this act and shall serve until the completion of the report described in paragraph (g).

(d) The chairs of the joint committee on public safety and homeland security, and the chairs of the joint committee on housing, or their designees, shall be observers to the commission and shall be invited to all meetings of the commission.

(e) The commission shall seek and use the best available climate data and models, and sea level rise, tidal, coastal, riverine flooding data and models, to present an understanding of the current and future flood risk to inland and coastal property in the commonwealth. 

(f)  The commission shall examine and make recommendations regarding the feasibility and establishment of a flood risk reduction program that focuses on the voluntary acquisition of flood risk properties and structures, that ensures that structures would be demolished, and the land would be permanently conserved and restored to serve as a natural buffer against future storms and floods, and accessible to the public when safe. Such an analysis would also describe the necessary components of such a program, including a process for, and the feasibility of, relocating homeowners and/or tenants.

In determining the feasibility of such a program,  the commission shall consider the following: (i) creating program eligibility and whether it  is restricted to residential property; (ii) identifying program funding, including but not limited to the calculation of fair market value, cost effectiveness, the availability of federal funding and flood insurance, and funding sources for education, outreach, acquisition, demolition, restoration, and relocation; (iii) determining priority acquisition areas (including clusters of flood-prone homes and neighborhoods); (iv) identifying factors that affect program outcomes with regard to the sale of property and the consensual and voluntary relocation of owners and tenants; (v) assessing disproportionate impacts of floods and relocation on low-income homeowners and tenants; (vi) determining the feasibility and affordability of voluntary and consensual relocation of homeowners and tenants; (vii) describing criteria to select participating neighborhoods and communities, including prioritization of low and moderate income property owners, environmental justice populations, and unintended consequences of targeting such communities; (viii) recommending eligible entities that could acquire and own conserved properties in flood risk areas; (ix) facilitating safety and public access in flood risk areas; (x) assessing the opportunity for significant environmental enhancement to public health, safety and welfare and fish and wildlife habitat; (xi) identifying nature-based solutions to protect, restore, and create sustainable resilient natural areas and outdoor recreation opportunities on acquired property; (xii) making recommendations on how to offset community disruption resulting from said program while prioritizing community preservation; and (xiii) assessing the potential benefits of such a program to impacted communities and the Commonwealth.

(g)  All meetings of the commission shall be open to the public. The commission shall hold at least one public listening session with a remote participation option. The commission shall convene its first meeting no later than March 1, 2023.

The commission shall file a report along with findings, recommendations and accompanying drafts of legislation necessary to carry those recommendations into effect, if any, with the clerks of the house of representatives and the senate, the joint committee on environment, natural resources and agriculture, the joint committee on public safety and homeland security, and the joint committee on housing, not later than December 1, 2023.

SECTION 2.  Section 1 shall take effect on January 5, 2023.