Bill > H53

This bill provides comprehensive funding for transportation infrastructure improvements in Massachusetts, allocating a total of $2,385,000,000 across multiple transportation-related programs. Specifically, $1,500,000,000 is designated for the construction and reconstruction of municipal roads, with funds distributed to cities and towns based on local road mileage and aimed at encouraging long-term capital planning. An additional $500,000,000 is allocated for a bridge and pavement lifecycle asset management program, which includes design, construction, and repair of roadways and bridges, with a focus on non-federally aided projects and potential climate change adaptation. The bill also provides $200,000,000 for culvert and small bridge modernization and $185,000,000 for transportation capital projects to improve safety and reduce congestion, including intersection improvements, bicycle infrastructure, pedestrian walkways, and accessibility enhancements. To finance these improvements, the state treasurer is authorized to issue general obligation bonds up to the total amount, with bonds to be repaid through the General Fund or Commonwealth Transportation Fund and with a maximum term of 30 years. The bill is classified as an emergency law, emphasizing the immediate need for transportation system improvements, and provides flexibility for the governor in bond issuance strategies based on financial market conditions and other considerations.

Transportation and Infrastructure

https://malegislature.gov/Bills/194/H53