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Bill > S10


MA S10

Providing for climate change adaptation infrastructure investments in the Commonwealth


summary

Introduced
01/24/2019
In Committee
01/24/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Providing for climate change adaptation infrastructure investments in the Commonwealth

AI Summary

This bill amends Chapter 64D of the General Laws to provide for climate change adaptation infrastructure investments in the Commonwealth. Specifically, it requires that 33 percent of the revenue collected from the real estate transfer tax and the surcharge on the real estate transfer tax be transferred annually to the Global Warming Solutions Trust Fund. This fund will be used to finance climate change adaptation infrastructure projects in the Commonwealth. The bill takes effect on January 1, 2020.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

Accompanied a study order, see H5040 (on 10/15/2020)

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