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Bill > S2338


MA S2338

Financing the Chapter 90 local road program


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to finance the Chapter 90 local road program. Transportation.

AI Summary

This bill provides for a two-year program of state assistance to cities and towns to maintain and improve municipal roads and related public infrastructure. It authorizes the Massachusetts Department of Transportation to distribute $600 million in funding for the construction and reconstruction of municipal ways, with cities and towns able to access these funds upon compliance with the department's procedures. The bill also authorizes the state treasurer to issue and sell up to $600 million in bonds to cover the necessary expenditures, with the bonds designated as the "Municipal Roads Act of 2021" and payable by the General Fund no later than June 30, 2060.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Accompanied a study order, see S2682 (on 02/10/2022)

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