Massachusetts Governor Maura Healey signed the Mass Leads Act in December 2024. Climate tech provisions are part of $4 Billion Mass Leads Act. Key elements of the Mass Leads Act include: $300 Million in Tax Credits over 10 years to employers growing research, development, innovation, manufacturing, deployment and commercialization in the climate-tech sector. $200 Million capitalization of the Massachusetts Clean Energy Investment Fund for capital investments to support and stimulate research and development, innovation, manufacturing, commercialization, and deployment of climate technologies across Massachusetts. $200 Million for the Offshore Wind Industry Investment Fund to leverage capital resources to support the development and advancement of the offshore wind industry.
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