Bill
Bill > H4004
summary
Introduced
07/22/2021
07/22/2021
In Committee
07/22/2021
07/22/2021
Crossed Over
Passed
Dead
Signed/Enacted/Adopted
08/03/2021
08/03/2021
Introduced Session
192nd General Court
Bill Summary
Sections 7, 102 and 103 contained in the engrossed Bill making appropriations for the fiscal year 2022 for the maintenance of the departments, boards, commissions, institutions and certain activities of the Commonwealth, for interest, sinking fund and serial bond requirements and for certain permanent improvements (see House, No. 4002), which had been returned by His Excellency the Governor with recommendation of amendment (for message see Attachment D of House, No. 4019). July 22, 2021.
AI Summary
This bill establishes the Revere Beach Reservation Trust Fund and the Student Opportunity Act Investment Fund. The Revere Beach Reservation Trust Fund will be used for the long-term preservation, maintenance, nourishment, and public safety of Revere Beach, funded by at least 50% of the revenue collected from parking stations and parking violations in the area. The Student Opportunity Act Investment Fund will support the implementation of the Student Opportunity Act, a 2019 law aimed at increasing education funding. The bill also requires a $250 million transfer from the General Fund to the Commonwealth's Pension Liability Fund and a $350 million transfer to the Student Opportunity Act Investment Fund.
Sponsors (0)
No sponsors listed
Last Action
Signed by the Governor, Chapter 33 of the Acts of 2021 (on 08/03/2021)
Official Document
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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/H4004 |
| Bill | https://malegislature.gov/Bills/192/H4004.pdf |
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