MA H2515

Bill

MA H2515

Relative to stabilization fund withdrawals

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to require a two-thirds vote of the Senate and House of Representatives prior to making appropriations from the Stabilization Fund. Revenue.

AI Summary

This bill proposes to require a two-thirds majority vote of the Senate and House of Representatives before making any appropriations from the Stabilization Fund, which is a state budgetary reserve fund. This change would make it more difficult to withdraw funds from the Stabilization Fund, which is used to help stabilize the state's budget during economic downturns or revenue shortfalls.

Committee Categories

Budget and Finance

Sponsors (15)

Angelo D'Emilia (R), Kim Ferguson (R), Paul Frost (R), Susan Gifford (R), Bradford Hill (R), Steven Howitt (R), Randy Hunt (R), Brad Jones (R), Hannah Kane (R), Dave Muradian (R), Elizabeth Poirier (R), Todd Smola (R), Mike Soter (R), Bruce Tarr (R), Dave Vieira (R),

Last Action

Accompanied a study order, see H5128 (on 11/19/2020)

Official Document

https://malegislature.gov/Bills/191/H2515

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H2515
Bill	https://malegislature.gov/Bills/191/H2515.pdf

Bill	Bill Name	Last Action	Type
H1782	Relative to regional stabilization funds	Committee reported that the matter be placed in the Orders of the Day for the next sitting for a second reading	Similar To
H2613	Relative to the revenue to the stabilization fund	Accompanied a study order, see H5080	Similar To
H5128	Study Order - Revenue matters	Discharged to the committee on House Rules	Replaced by
S1185	Relative to regional stabilization funds	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1774	Dedicating a portion of the stabilization fund to cities and towns	Accompanied a study order, see S2549	Similar To
S2195	Crediting the stabilization fund for the sale of Fuller School in the city of Gloucester	Signed by the Governor, Chapter 27 of the Acts of 2019	Similar To

Bill > H2515

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (15)

Last Action

Official Document

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