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MA S2678

Relative to the Massachusetts fund for vulnerable countries most affected by climate change


summary

Introduced
05/04/2020
In Committee
05/04/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation relative to the Massachusetts fund for vulnerable countries most affected by climate change, reports the accompanying bill (Senate, No. 2678).

AI Summary

This bill establishes the Massachusetts Fund for Vulnerable Countries Most Affected by Climate Change (MFVC) within the Department of the Treasury. The MFVC will receive voluntary contributions from personal income tax refunds or additional payments to support the United Nations Least Developed Countries Fund (UN LDCF), which helps developing nations adapt to climate change. The bill also sets guidelines for the administration and oversight of tax return-enabled contribution options, including audit requirements and procedures to remove options with evidence of waste, fraud, or abuse.

Committee Categories

Budget and Finance

Sponsors (5)

Other Sponsors (1)

Joint Committee on Revenue (J)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 05/04/2020)

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