Bill > H3426

This bill aims to generate revenue to expand transit options by establishing Transit Improvement Districts (TIDs) within municipalities. Key provisions include: 1. Allowing municipalities or groups of municipalities to establish TIDs, which are designated areas that can collect fees to fund transit improvement programs. These programs can include administrative, capital, operational, and other costs related to improving transit services. 2. Requiring a program plan that outlines the financial plan, necessary resources, use of private property, management structure, and other details for the TID and its transit improvement programs. 3. Specifying the process for adopting a TID, which involves approval by the municipal legislative body and a vote of the property owners subject to the fees. 4. Authorizing the collection of transit improvement fees based on various formulas, such as assessed property value, number of employees, or vehicle trips, with some exemptions for certain property types. 5. Requiring municipalities or groups of municipalities to provide at least 25% of the TID's program costs, with the Massachusetts Department of Transportation providing a 25% match, and the remaining 50% coming from user fees and property owners within the TID. 6. Allowing for the dissolution of a TID under certain conditions, such as a petition from property owners. The bill also directs the Massachusetts Department of Transportation to set aside funding to assist municipalities in establishing TIDs, with at least 35% of the funds to be used for projects in Environmental Justice areas over a 5-year period.

Transportation and Infrastructure

https://malegislature.gov/Bills/192/H3426