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MA H5131

MA H5131
Relative to funding for the Community Preservation Act


summary

Introduced
07/28/2022
In Committee
07/28/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Section 174 contained in the engrossed Bill making appropriations for the fiscal year 2023 (see House, No. 5050), which had been returned by His Excellency the Governor with recommendation of amendment (for message, see Attachment Z of House, No. 5132). July 28, 2022.

AI Summary

This bill provides $20 million in funding for the Massachusetts Community Preservation Trust Fund, which supports the Community Preservation Act, a program that allows municipalities to levy a surcharge on property taxes to fund local initiatives related to open space, affordable housing, and historic preservation. The bill requires the state comptroller to transfer this funding from the consolidated net surplus in the state's budgetary funds for fiscal year 2022, prior to depositing the remaining surplus into the Commonwealth Stabilization Fund. The bill also specifies that it shall take effect on July 1, 2022.

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/03/2023)

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