Bill > S74

This bill amends Section 17C of chapter 130 of the General Laws to establish a mechanism for reimbursing the Marine Recreational Fisheries Development Fund (MRFDF) for revenue lost due to free licenses. Specifically, the bill mandates that the state's general fund will provide annual reimbursement to the MRFDF for any revenue not collected because of free licenses issued under a previously existing subsection (d). This ensures that the fund, which supports recreational fishing programs and development, does not suffer financial losses when certain individuals are granted free fishing licenses. By guaranteeing full compensation for these free licenses from the general fund, the bill helps maintain the financial stability of the Marine Recreational Fisheries Development Fund while preserving the ability to offer free licenses to specific groups.

Agriculture and Natural Resources, Budget and Finance

https://malegislature.gov/Bills/194/S74