Bill

Bill > H2939


MA H2939

Providing for the board of library commissioners


summary

Introduced
01/22/2019
In Committee
02/26/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to expend capital funds for certain approved public library projects. Tourism, Arts and Cultural Development.

AI Summary

This bill provides for a program of capital facility repairs and improvements to protect and improve the capital facilities of the Commonwealth of Massachusetts. Specifically, it appropriates $151.2 million to the Board of Library Commissioners for a program of grants to cities and towns for approved public library projects, and authorizes the State Treasurer to issue and sell bonds to cover these expenditures. The bill specifies that the bonds will be designated as the "Capital Improvement Act of 2018" and will have a maximum term of 30 years, with payments due by June 30, 2052, and that the bonds and their interest will be payable from the General Fund.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (9)

Last Action

Bill reported favorably by committee and referred to the committee on House Bonding, Capital Expenditures and State Assets (on 02/26/2020)

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