Bill > H4506

This bill authorizes and accelerates transportation investment in the Commonwealth of Massachusetts. Key provisions include: - Authorizing over $8.5 billion in spending on various transportation projects and programs, including highways, bridges, rail, transit, and aviation. This includes funds for maintenance, repair, modernization, and expansion of the transportation system. - Establishing a Supplemental Infrastructure Financing for Transportation (SIFT) program that allows municipalities to designate SIFT districts and use incremental tax revenue from those districts to finance transportation projects. - Allowing the Massachusetts Department of Transportation (MassDOT) to use "job order contracting" for certain construction projects to expedite the bidding and procurement process. - Directing MassDOT to conduct a feasibility study on establishing new passenger rail service between Pittsfield, Springfield, and Boston. The bill provides financing for these investments primarily through the issuance of general obligation and special obligation bonds by the state, as well as federal grant anticipation notes.

House Committee on Ways and Means (H)

https://malegislature.gov/Bills/191/H4506