Bill > H3600

This bill modifies Section 13T of Chapter 23A of the Massachusetts General Laws by adding a new provision that exempts the tourism trust fund from being charged indirect costs or fringe benefit costs by the state comptroller. Specifically, the bill prevents the comptroller from levying these administrative charges against the tourism trust fund, which is typically used to support tourism marketing and promotion efforts. By waiving these potential overhead costs, the bill ensures that more of the fund's resources can be directly used for tourism development and marketing initiatives, potentially enabling more robust support for the state's tourism industry. The change represents a targeted financial adjustment that could help maximize the effectiveness of tourism-related investments by reducing administrative expenses.

Business and Industry

https://malegislature.gov/Bills/194/H3600