Plain English Breakdown
The official source does not specify the exact details on how much money will be allocated for these new activities.
Voluntary Offshore Wind and Coastal Resources Protection Program: Community Capacity Funding
This law allows the State Energy Resources Conservation and Development Commission to provide funding for local communities, tribal governments, nonprofits representing tribes' interests, and coalitions of these groups to support offshore wind projects and protect coastal resources.
What This Bill Does
- Expands the types of activities that can be funded by the Voluntary Offshore Wind and Coastal Resources Protection Fund to include community capacity building grants.
- Makes local communities, tribal governments, nonprofit organizations representing tribes' interests, and coalitions of these entities eligible for these grants.
- Requires offshore wind companies to report donations made to eligible entities every 90 days.
- Changes the reporting requirements from monthly reports by the commission to annual reports on the internet website about donations received by eligible entities.
- Requires an annual report to be submitted to the Legislature detailing how the funds are used and their effectiveness.
Who It Names or Affects
- Local communities
- Tribal governments
- Nonprofit organizations representing tribal interests
- Coalitions of local and tribal groups
Terms To Know
- Voluntary Offshore Wind and Coastal Resources Protection Program
- A program that supports state activities related to offshore wind development while protecting coastal resources.
- Capacity funding
- Money given to help communities prepare for and manage the impacts of offshore wind projects.
Limits and Unknowns
- The bill does not specify how much money will be allocated for these new activities.
- It is unclear what specific information must be included in the annual reports submitted by eligible entities.
- Details on how the eligibility criteria are applied to coalitions of local and tribal groups have not been defined.