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Bill > S1796
MA S1796
Relative to the Massachusetts fund for vulnerable countries most affected by climate change
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/10/2022
03/10/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation relative to the Massachusetts fund for vulnerable countries most affected by climate change. Revenue.
AI Summary
This bill establishes the Massachusetts Fund for Vulnerable Countries Most Affected by Climate Change (MFVC) as a separate fund on the books of the commonwealth. The MFVC is designed to further the mission of the United Nations Least Developed Countries Fund (UN LDCF), which helps underdeveloped nations adapt to climate change. The bill allows individuals filing Massachusetts personal income tax returns to voluntarily contribute all or part of their tax refund or an amount over their tax owed to the MFVC. The bill also sets up various requirements and oversight measures for tax return-enabled contribution options, including minimum contribution thresholds, periodic audits, and the ability for the Attorney General or Commissioner to investigate and take action against waste, fraud, or abuse.
Committee Categories
Budget and Finance
Sponsors (7)
Mike Barrett (D)*,
Michael Brady (D),
Jamie Eldridge (D),
Patrick O'Connor (R),
Maria Robinson (D),
Lindsay Sabadosa (D),
Erika Uyterhoeven (D),
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 03/10/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/192/S1796 |
Bill | https://malegislature.gov/Bills/192/S1796.pdf |
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