Bill > S2437

This bill proposes to modify how Chapter 90 transportation funds are distributed to municipalities by establishing new allocation criteria and matching guidelines. Specifically, the bill introduces a formula for allocating funds based on the cost of resurfacing municipally owned roads, including both non-state numbered roads (requiring resurfacing of 2% of total roads) and state numbered routes (requiring resurfacing of 3.3% of total roads). The bill also changes the Municipal Match Program's calculation method by using a balanced approach that equally considers aggregate property values and aggregate personal income within each municipality. Furthermore, the bill sets new matching fund parameters, with the Commonwealth providing a maximum match of 200% of a municipality's allocation (but not exceeding the local apportionment) and a minimum match of 12.5% of the municipal allocation. These changes aim to modernize and enhance the distribution of transportation infrastructure funding, ensuring a more equitable and transparent process for municipal road maintenance and improvement projects.

Transportation and Infrastructure

https://malegislature.gov/Bills/194/S2437