SECTION 42. There shall be a plant revitalization task force established to implement a plan, adopt rules and regulations and recommend necessary legislative action to ensure the full deconstruction, remediation and redevelopment or repowering of the Salem Harbor Power Station by December 31, 2016. The task force shall prepare a plan of action for Salem Harbor Station that includes: (i) the full deconstruction of the existing facility, including financing, if necessary, of such deconstruction; (ii) remediation of environmental issues on the site; (iii) maintenance of jobs and preexisting municipal tax revenue associated with the site; (iv) ensuring the responsible parties are held liable for costs of environmental remediation; and (v) additional mitigation efforts necessary for the redevelopment or repowering of the site.

In developing and implementing a plan for Salem Harbor Power Station, regulations and proposed legislation, the task force shall, at a minimum, consider the following: (1) options for the full financing of the cleanup of Salem Harbor Power Station, including the creation of decommissioning funds, bonding programs through the Massachusetts Development Finance Agency, long term contracting mechanisms, regulatory or financial incentives for redevelopment or other means to secure such financing; (2) the identification of existing state or federal programs available that may assist in the redevelopment or repowering of the site; and (3) the creation of new programs, grants or other incentives to encourage the redevelopment or repowering of the site.

The governor shall establish the task force by September 15, 2012, which shall consist of 11 members, including: (1) the secretary of energy and environmental affairs or a designee, who shall serve as chair; (2) the secretary of housing and economic development or a designee; (3) the commissioner of environmental protection or a designee; (4) the attorney general or her designee, in her capacity as the ratepayer advocate for the commonwealth; (5) a representative of Mass Development; (6) a representative of an electric utility; (7) a representative of the New England Power Generators Association; (8) a representative from the International Brotherhood of Electrical Workers; (9) a mayor of a city hosting a coal-fired generating plant; (10) a state representative representing a community with a coal-fired generating plant, appointed by the speaker of the house of representatives; and (11) a state senator representing a community with a coal-fired generating plant, appointed by the president of the senate.
The task force shall present its plan for Salem Harbor Power Station and suggested rules and regulations to the department of energy resources, the department of public utilities and the joint committee on telecommunications, utilities and energy by June 15, 2013, after which the department of energy resources and the department of public utilities shall promulgate rules and regulations under the plan of action under this section.

The task force shall also identify and develop a plan for other coal-fired generation facilities in the commonwealth that may face closure prior to December 31, 2017 that ensures the deconstruction, remediation and redevelopment or repowering of such sites. The Task Force shall present its analysis of other coal-fired generation facilities in the commonwealth by December 31, 2013.