Bill > S1489

This bill creates the Massachusetts Municipal and Public Safety Building Authority, an independent public authority that will administer a municipal and public safety building assistance program. The authority will provide financial assistance, including grants and loans, to cities and towns for the planning, construction, or improvement of municipal and public safety buildings such as police stations, fire stations, and town halls. The authority will be funded by dedicated marijuana sales tax revenue and will have the power to issue bonds and notes to finance projects. The bill also establishes an advisory board to provide guidance on policy and technical matters related to municipal and public safety building projects.