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Bill > S2637


MA S2637

MA S2637
Relative to the Transportation Infrastructure Enhancement Trust Fund municipal reporting requirements


summary

Introduced
02/02/2022
In Committee
02/03/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to the Transportation Infrastructure Enhancement Trust Fund municipal reporting requirements, reports the accompanying bill (Senate, No. 2637).

AI Summary

This bill amends the existing law related to the Transportation Infrastructure Enhancement Trust Fund municipal reporting requirements. The key provisions are: 1. It requires cities and towns that receive more than $25,000 from the fund to submit an annual report to the division detailing how the funds were used or planned to be used for transportation-related projects. Cities and towns that receive a cumulative total of over $25,000 must also submit a report detailing their use of the funds since their last report. 2. The division is required to withhold future disbursements from the fund if a city or town fails to comply with the reporting requirements, and the withheld funds will be disbursed once the city or town complies. 3. The division is required to compile the reports and publish the projects and amounts of money used on the division's website. 4. The bill also modifies the distribution of the funds, with 50% going to cities and towns based on the number of rides originating in their jurisdiction, 25% to the Massachusetts Development Finance Agency for assistance to small businesses in the taxicab, livery, or hackney industries, and 25% to the Commonwealth Transportation Fund.

Committee Categories

Budget and Finance

Sponsors (1)

Other Sponsors (1)

Joint Committee on Transportation (J)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 02/03/2022)

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