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MA H4519

MA H4519
Relative to the Transportation Infrastructure Enhancement Trust Fund municipal reporting requirements


summary

Introduced
03/04/2020
In Committee
03/04/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to the Transportation Infrastructure Enhancement Trust Fund municipal reporting requirements

AI Summary

This bill amends the existing law to modify the reporting requirements for municipalities receiving funds from the Transportation Infrastructure Enhancement Trust Fund. The key provisions are: (1) municipalities that receive less than $25,000 from the fund in a given year are exempt from the annual reporting requirement, but must file a one-time report once they have received at least $25,000 cumulatively from the fund, and (2) municipalities must file subsequent one-time reports whenever they receive an additional $25,000 from the fund, unless they have already submitted an annual report for the receipt of such funds.

Committee Categories

Budget and Finance

Sponsors (16)

Other Sponsors (1)

Joint Committee on Financial Services (J)

Last Action

Bill reported favorably by committee and referred to the committee on House Ways and Means (on 03/04/2020)

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