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MA H488

Relative to increasing education funding


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to increasing education funding. Education.

AI Summary

This bill amends Chapter 23K of the General Laws to establish the Education Fund. The fund will be credited with monies transferred under Section 59 and any other sources. 35% of the funds received will be appropriated for higher education to supplement, not offset, any reduction in the general appropriation act from the previous fiscal year. Expenditures from the fund for K-12 education must be used to supplement, and not offset, any reduction in line-item 7061-0008 of the general appropriation act from the previous fiscal year. Additionally, all registration and renewal fees from online gaming, daily fantasy sports, and online sports betting will be deposited into the Education Fund.

Committee Categories

Education

Sponsors (8)

Last Action

Accompanied a new draft, see S2348 (on 09/19/2019)

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