summary
Introduced
06/13/2019
06/13/2019
In Committee
06/13/2019
06/13/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to establish a homelessness prevention and reduction fund to be funded by taxes on gross receipts of business entities. Revenue.
AI Summary
This bill establishes the Homelessness Prevention and Reduction Fund, to be funded by a 0.25% tax on the gross receipts of business entities in Massachusetts, with an exemption on the first $50 million of gross receipts. The revenue from this tax will be used to administer the fund, provide refunds for overpayments, and support programs that prevent and reduce homelessness, such as rental assistance, construction of housing units, and supportive services. The bill also requires annual reporting on the fund's revenues and appropriations, as well as audits by the state auditor to ensure the funds are being used as intended.
Committee Categories
Budget and Finance
Sponsors (17)
Pete Capano (D),
Mike Connolly (D),
Marcos Devers (D),
Michelle DuBois (D),
Jamie Eldridge (D),
Nika Elugardo (D),
Tami Gouveia (D),
Jim Hawkins (D),
Pat Jehlen (D),
David LeBoeuf (D),
Jack Lewis (D),
Jay Livingstone (D),
Denise Provost (D),
Maria Robinson (D),
Lindsay Sabadosa (D),
José Tosado (D),
Tommy Vitolo (D),
Last Action
Accompanied a study order, see H5031 (on 11/04/2020)
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/H3887 |
| Bill | https://malegislature.gov/Bills/191/H3887.pdf |
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