Funding for Communities Hosting Power Lines: Local Infrastructure and Conservation.
This bill establishes a new fund, financed by interest from federal loans for major energy projects, to support communities hosting these transmission lines. Residents in these areas will benefit from dedicated funding to improve essential local services like schools, roads, hospitals, and broadband access. At least 20% of the money must be used for environmental conservation and recreation, leading to more parks and cleaner green spaces.
Key points
Funds will go directly to local governments and Indian Tribes hosting large electric transmission projects (999 megawatts or more).
Money can be used for vital public services: schools, hospitals, roads, public transport, and expanding broadband internet access.
Mandate to spend at least 20% of the funds on conservation, habitat restoration, and creating new public outdoor recreation opportunities.
Status:
Expired
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