Amendment #717 to H3600
Co-Generation Upgrade Grant
Representatives Cahill of Lynn and Crighton of Lynn move to amend the bill by adding the following section:
Section xx. Notwithstanding any general or special law to the contrary, the department of energy resources shall expend an amount no less than $3,000,000 in fiscal year 2018 from the RGGI Auction Trust Fund established in section 35II of chapter 10 of the General Laws for disbursement to a Gateway City to issue an energy efficiency grant to an aviation manufacturing facility whose company headquarters are located within the Commonwealth in which the property tax receipts to a Gateway City from said facility may be reduced due to a reduction in capacity factor or potential closure of said facility if such action also reduces the commonwealth’s greenhouse gas emissions under the goals established pursuant to chapter 21N of the General Laws, and achieves no less than a thirty percent reduction in CO2 and NOX emissions, and provided further the project will satisfy the following economic and environmental criteria including but not limited to: (i) enhanced electricity reliability; (ii) contribute to reducing winter electricity price spikes; (iii) where possible, mitigate any environmental impacts; and (iv) where feasible, create and foster employment and economic development in the commonwealth. Payments from the fund shall be prioritized so that the first payments from the fund shall be made to Gateway Cities pursuant to this section.