The House is expected on Wednesday to debate and vote on legislation Speaker Bob DeLeo has championed to provide $1 billion over 10 years to help cities and towns prepare for and adjust to climate change.

The so-called “GreenWorks” bill is on the docket for consideration before the full House during Wednesday’s formal session, according to a scheduling email from the speaker’s office. DeLeo had said he wanted a vote on his bill before lawmakers take a summer recess, typically at the end of July. The bill (H.3941) would create the GreenWorks infrastructure program and allocate $1 billion over 10 years via grants through the Executive Office of Energy and Environmental Affairs.

DeLeo’s plan would see the state borrow the money – a total of $1.295 billion – and make the 20 years of debt payments exempt from the state’s statutory debt ceiling. Gov. Charlie Baker filed a similar bill (S.10) that would raise the state’s real estate transfer tax to generate the funding necessary to provide the same $1 billion over 10 years to protect properties and help cities and towns cope with climate change impacts. However, the bill faces opposition from the Massachusetts Association of Realtors and from NAIOP-MA, the commercial real estate development association. Both groups have said they prefer DeLeo’s plan over Baker’s, while environmental groups are pushing both approaches to raise funds for climate change adaptations.

Filed initially by Rep. Thomas Golden, the DeLeo-favored bill has cleared the Joint Committee on Telecommunications, Utilities and Energy, and the House Committee on Bonding, Capital Expenditures and State Assets. It is now before the House Ways and Means Committee, with a House Bonding Committee redraft pending as an amendment.