Bill > H4083

This bill establishes a new dedicated fund called the Bourne Bridge Replacement Fund to support the replacement of the Bourne Bridge, which connects Cape Cod to mainland Massachusetts. The fund will be administered by the Massachusetts Department of Transportation (MassDOT) and can receive money from various sources, including appropriations, gifts, grants, federal funds, and interest earnings. Notably, the bill specifically directs $200,000 from the income surtax revenue collected in fiscal year 2025 to be transferred to this fund no later than 30 days after the act's effective date. The legislation ensures that money in the fund will not revert to the General Fund at the end of the fiscal year and can be spent by MassDOT without requiring additional appropriations, specifically for costs related to replacing the Bourne Bridge. This approach creates a targeted funding mechanism to support a significant infrastructure project by leveraging a specific revenue stream and establishing a dedicated financial resource for the bridge replacement effort.

Budget and Finance

https://malegislature.gov/Bills/194/H4083