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Bill > S2210
MA S2210
MA S2210Proposal for a legislative amendment to the Constitution requiring a supermajority vote for the utilization of rainy day funds
summary
Introduced
02/07/2019
02/07/2019
In Committee
04/25/2019
04/25/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
By Mr. Tarr, a petition (subject to Joint Rule 12) of Bruce E. Tarr for a legislative amendment to the Constitution to require a supermajority vote for the utilization of rainy day funds. Revenue.
AI Summary
This bill proposes a constitutional amendment that would require a two-thirds supermajority vote in each branch of the Massachusetts General Court (the state legislature) to appropriate and expend funds from the state's Stabilization Fund, also known as the "rainy day fund." The Stabilization Fund is a reserve account that can be used to help balance the state's budget during economic downturns. The proposed amendment aims to make it more difficult to access these rainy day funds by requiring a stronger legislative consensus before they can be utilized.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
No further action taken (on 12/16/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/S2210 | 04/23/2019 |
| Bill | https://malegislature.gov/Bills/191/S2210.pdf | 04/23/2019 |
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