An Act transferring the Massachusetts Community Climate Bank to the Massachusetts Clean Energy Technology Center

This bill transfers the Massachusetts Community Climate Bank's assets, staff, and ongoing projects to the Massachusetts Clean Energy Technology Center. The Center will now serve as the state's official Green Bank, responsible for financing clean energy projects across residential, municipal, small business, and commercial sectors. Key provisions include providing loans, grants, and investments to reduce greenhouse gases, with priority given to projects advancing climate goals, lowering emissions, and ensuring equitable access to clean energy. This directly affects residents, local governments, small businesses, and clean energy companies seeking financing for projects like solar installations, building decarbonization, and electric vehicle programs.