summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to establishing a one-time capital expenditure fund with capital gains revenue. Revenue.
AI Summary
This bill establishes a One-Time Capital Expenditure Fund to be funded by capital gains tax revenue collected by the Massachusetts Department of Revenue. The money in this fund can only be used for one-time capital needs of the Commonwealth, as determined by the legislature, and not for annual operating expenses.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2614 |
| Bill | https://malegislature.gov/Bills/191/H2614.pdf |
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