Bill
Bill > H3971
MA H3971
MA H3971Establishing attainable housing and Chatham elementary school special revenue accounts for the town of Chatham
summary
Introduced
07/06/2023
07/06/2023
In Committee
11/06/2023
11/06/2023
Crossed Over
06/13/2024
06/13/2024
Passed
06/20/2024
06/20/2024
Dead
Signed/Enacted/Adopted
06/26/2024
06/26/2024
Introduced Session
193rd General Court
Bill Summary
That the town of Chatham be authorized to establish two special revenue accounts to support the development of attainable housing in said town and the administration and operation of the Chatham elementary school. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the town of Chatham to establish two special revenue accounts: the Attainable Housing Special Revenue Fund and the Chatham Elementary School Special Revenue Fund. The bill stipulates that 1% of the room occupancy excise collected by the town under Chapter 64G of the General Laws shall be credited to each of these funds annually, starting in the fiscal year beginning July 1, 2023. The funds may be used to support the development of attainable housing and the administration and operation of the Chatham Elementary School, respectively, subject to further appropriation by a majority vote of the town meeting. The town meeting can also adjust the allocation of the room occupancy excise between the two funds or terminate either or both funds.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Signed by the Governor, Chapter 121 of the Acts of 2024 (on 06/26/2024)
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/H3971 |
| BillText | https://malegislature.gov/Bills/193/H3971.pdf |
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