Bill > S1278

This bill aims to generate revenue to expand transit options. It allows municipalities and regional governments to establish "Transit Improvement Districts" (TIDs) to fund and manage transit improvement programs. The key provisions include: - Municipalities or groups of municipalities can establish a TID through a public process, including a program plan and approval by the municipal legislative body and property owners. - TIDs can collect a "transit improvement fee" from property owners within the district, based on a formula of factors like property value, number of employees, or vehicle trips. - The fees collected can only be used to fund the goals and projects outlined in the TID's program plan, and the TID must provide at least 25% of the program costs from other sources. - The Massachusetts Department of Transportation is required to provide 25% in matching funds for TID programs, subject to appropriation, and at least 35% of those funds must be used in low-income communities, Boston, and gateway municipalities. - The TID can be dissolved through a petition and public process, and any remaining funds must be refunded to the property owners.

Government Affairs

https://malegislature.gov/Bills/193/S1278