Electric Vehicle (EV) Adoption Incentive Trust Fund Authorization

Through June 30, 2027, the Massachusetts Department of Energy Resources must use proceeds from the Regional Greenhouse Gas Initiative Auction Trust Fund to fund the Green Communities program and the Electric Vehicle Adoption Incentive Trust Fund, subject to sufficient proceeds. Initial payments are to be prioritized to these two programs, and not less than $27,000,000 must be available each fiscal year for the Electric Vehicle Adoption Incentive Trust Fund. This provision is intended to ensure dedicated annual funding to support EV adoption incentives.

(Reference Massachusetts General Laws Chapter 25A Section 10)