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Bill > H4061


MA H4061

Funding the town of Hanover's Other Post Employment Benefits Liability Trust Fund


summary

Introduced
08/29/2019
In Committee
10/17/2019
Crossed Over
03/09/2020
Passed
03/12/2020
Dead
Signed/Enacted/Adopted
03/19/2020

Introduced Session

191st General Court

Bill Summary

That the town of Hanover be authorized to fund the other post-employment benefits liability trust fund in said town. Municipalities and Regional Government. [Local Approval Received.]

AI Summary

This bill authorizes the town of Hanover to deposit all sums received from the local sales tax on restaurant meals into the town's Other Post-Employment Benefits Liability Trust Fund. This fund is used to meet the town's obligations for other post-employment benefits, such as healthcare and other non-pension benefits for retired municipal employees. The bill specifies that this authority will expire on July 1, 2024, unless the town meeting votes to approve an extension.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Signed by the Governor, Chapter 44 of the Acts of 2020 (on 03/19/2020)

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