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Bill > H2748


MA H2748

MA H2748
Facilitating housing for all


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation to establish a homelessness prevention and reduction fund to be funded by taxes on gross receipts of business entities. Revenue.

AI Summary

This bill establishes the Housing First and Housing for All Fund, which will be funded by a 0.25% tax on the gross receipts of business entities in Massachusetts, with the first $50 million of gross receipts exempt. The fund will be used to finance various programs and initiatives related to preventing and reducing homelessness, increasing access to affordable housing, and supporting the construction, rehabilitation, and operation of housing units. The bill also requires regular reporting and auditing of the fund's expenditures to ensure transparency and accountability.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Accompanied a study order, see H4721 (on 06/13/2024)

bill text


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/193/H2748
BillText https://malegislature.gov/Bills/193/H2748.pdf
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