summary
Introduced
05/06/2021
05/06/2021
In Committee
08/02/2021
08/02/2021
Crossed Over
08/15/2022
08/15/2022
Passed
08/18/2022
08/18/2022
Dead
Signed/Enacted/Adopted
08/24/2022
08/24/2022
Introduced Session
192nd General Court
Bill Summary
Relative to authorizing the investment of town of Lunenburg library trust funds. Municipalities and Regional Government. [Local Approval Received.]
AI Summary
This bill exempts the town of Lunenburg's library trust funds from the investment restrictions set forth in Section 54 of Chapter 44 of the General Laws. This allows the town to invest the library trust funds in a broader range of investment options, which could potentially generate higher returns for the library. The bill takes effect upon passage.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
Signed by the Governor, Chapter 189 of the Acts of 2022 (on 08/24/2022)
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/H3727 |
Bill | https://malegislature.gov/Bills/192/H3727.pdf |
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