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The 190th General Court of the Commonwealth of Massachusetts

AN ACT RELATIVE TO THE CREATION OF A RENEWABLE ENERGY FUND IN THE TOWN OF DEDHAM.

     Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:
     SECTION 1. Notwithstanding section 53 or 53E½ of chapter 44 of the General Laws or any other general or special law to the contrary, there shall be established in the town of Dedham a special fund to be known as the Renewable Energy Fund. The fund shall be credited all fees, proceeds and other receipts received by the town in connection with the sale of solar renewable energy credits or energy produced by town-owned and operated solar arrays. Money in the fund may be expended by the town manager of the town of Dedham, following consultation with the town’s sustainability committee or its equivalent, without further appropriation, for costs associated with energy efficiency upgrades to town and school buildings and other infrastructure, including, but not limited to, regulation of building temperature, windows, doors, street lighting and renewable energy or water conservation projects. Town meeting shall annually impose a limit on expenditures from the fund and may provide that receipts remaining in the fund at the end of the fiscal year in excess of $5,000 be closed out to the general fund. The fund established by this act shall not be considered a revolving fund pursuant to said section 53E½ of said chapter 44 and shall not be counted against the aggregate limit of all revolving funds authorized pursuant to said section 53E½ of said chapter 44.
     SECTION 2. This act shall take effect upon its passage. 

Approved, August 9, 2016