summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation to require a two-thirds vote of the Senate and House of Representatives prior to making appropriations from the Stabilization Fund. Revenue.
AI Summary
This bill proposes to amend Section 2H of chapter 29 of the General Laws, which deals with state revenues, by requiring a two-thirds vote of both the Senate and the House of Representatives before any appropriations can be made from the Stabilization Fund. The Stabilization Fund is a reserve of state money, and this change would impose a higher threshold for accessing these funds, meaning a supermajority of lawmakers would need to agree on any withdrawals, thereby providing greater protection for these reserves.
Committee Categories
Budget and Finance
Sponsors (16)
Brad Jones (R)*,
Leah Allen (R),
Jay Barrows (R),
Nick Boldyga (R),
Shawn Dooley (R),
Kim Ferguson (R),
Paul Frost (R),
Susan Gifford (R),
Sheila Harrington (R),
Bradford Hill (R),
Randy Hunt (R),
Kevin Kuros (R),
Keiko Orrall (R),
Elizabeth Poirier (R),
Todd Smola (R),
Dave Vieira (R),
Last Action
Accompanied a study order, see H4639 (on 09/26/2016)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/House/H2552 |
| State Bill Page | https://malegislature.gov/Bills/189/H2552 |
| Bill | https://malegislature.gov/Bills/189/H2552.pdf |
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