Bill
Bill > H2961
MA H2961
MA H2961To empower municipal appropriating authorities the ability to exempt annual debt and interest charges from the Regional Vocational Technical School District from its levy limit
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to empower municipal appropriating authorities the ability to exempt annual debt and interest charges from regional vocational technical school districts from its tax levy limit. Revenue.
AI Summary
This bill would empower municipal appropriating authorities (the local government officials responsible for approving budgets) to exempt annual debt and interest charges from regional vocational technical school districts from their tax levy limit. This means that the local government could choose to raise taxes beyond the normal limit in order to pay for the debt service (principal and interest payments) of these regional vocational schools, which were not previously covered by local tax revenue.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Accompanied a study order, see H5200 (on 09/08/2022)
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/H2961 |
| Bill | https://malegislature.gov/Bills/192/H2961.pdf |
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