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Bill > H5025


MA H5025

Authorizing the town of Athol to establish a special fund for the town of Athol


summary

Introduced
12/28/2018
In Committee
Crossed Over
12/28/2018
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Substituted by the House, on motion of Mr. Speliotis of Danvers, for a bill with the same title (House, No. 3863). December 28, 2018.

AI Summary

This bill authorizes the town of Athol to establish a special fund called the "Anthony and Katherine Ralys Library Building Fund" to be used for renovations, additions, or building improvements to the town's public library. The fund will be managed by the library trustees, who can solicit and receive donations, and must provide an annual report on the fund's activities. The trustees can invest the funds prudently and hire financial advisors to assist them. Expenditures from the fund can be made without further appropriation.

Sponsors (1)

Last Action

Passed to be engrossed (on 12/28/2018)

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