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Bill > S1110


MA S1110

MA S1110
To increase the amount that may be appropriated from the balance of a capital project fund


summary

Introduced
04/15/2015
In Committee
03/14/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to increase the amount that can be appropriated from the balance of a capital project fund. Municipalities and Regional Government.

AI Summary

This bill proposes to amend Section 20 of Chapter 44 of the General Laws, which deals with municipal finance, by increasing the amount that can be appropriated from the balance of a capital project fund. Specifically, it seeks to change the limit from "one thousand" dollars to "fifty thousand" dollars, meaning that municipalities and regional governments will be able to allocate a significantly larger sum from these funds for capital projects, which are typically large-scale infrastructure or building initiatives.

Committee Categories

Government Affairs

Sponsors (4)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Rules (on 03/14/2016)

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