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 establish a homelessness prevention and reduction fund to be funded by taxes on gross receipts of business entities. Revenue.
AI Summary
This bill establishes the Homelessness Prevention and Housing For All Fund, which will be funded by a 0.25% tax on the gross receipts of business entities in Massachusetts, excluding the first $50 million of gross receipts. The fund will be used to administer the tax, provide refunds, and finance various programs aimed at preventing and reducing homelessness, including rental assistance, housing construction and rehabilitation, and supportive services. The bill also requires annual reporting on the fund's revenues and appropriations, with oversight from the state auditor. The bill takes effect on January 1, 2022.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Accompanied a study order, see H5043 (on 08/29/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/192/H2855 |
Bill | https://malegislature.gov/Bills/192/H2855.pdf |
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