The bill, Substitute Senate Bill No. 319, mandates the Connecticut Green Bank to establish a loan program by January 31, 2028, aimed at assisting registered commercial landscapers in purchasing or leasing battery-operated lawn equipment. The Green Bank is required to utilize its existing statutory authority, access to capital, and lending partnerships to facilitate this program. Additionally, the bill directs the Department of Energy and Environmental Protection (DEEP) to reactivate the 2010 Lawn Equipment Exchange Fund for municipalities and regional school districts, which had previously provided financial support for replacing older, more polluting lawn equipment.

The effective dates for the provisions in the bill are set for October 1, 2026, for the loan program and October 1, 2027, for the reactivation of the Lawn Equipment Exchange Fund. Notably, the bill does not specify the funding level for the new loan program, leaving its financial implications indeterminate. The reactivation of the Lawn Equipment Exchange Fund does not incur costs for DEEP, as the account currently has a zero balance. The bill also includes a minor amendment for accuracy, changing "regional schools" to "regional school districts."