summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
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)
Official Document
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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