Bill > H1830

This bill amends Chapter 44 of the General Laws concerning municipal finance by replacing Section 53. The core change allows cities, towns, or districts to use certain insurance proceeds or restitution payments for property restoration or replacement without needing a specific appropriation from the government, provided the amounts do not exceed $150,000. This also applies to funds recovered for lost or damaged school books or materials used in industrial arts projects, which school committees can use for replacements without a specific appropriation. The bill clarifies that these exceptions are in addition to existing provisions for highway and water pollution control funds, which also do not require specific appropriations but must be used for their intended purposes.