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MA H3673

MA H3673
Relative to the transfer of certain funds to be credited to the Housing Preservation and Stabilization Trust Fund for fiscal year 2016


summary

Introduced
07/20/2015
In Committee
07/20/2015
Crossed Over
Passed
Dead
Signed/Enacted/Adopted
10/23/2015

Introduced Session

189th General Court

Bill Summary

Section 144 contained in the engrossed Bill making appropriations for the fiscal year 2016 (see House, No. 3650), which had been returned by His Excellency the Governor with recommendation of amendment (for message, see Attachment J of House, No. 3675). July 17, 2015.

AI Summary

This bill mandates the transfer of specific funds to the Housing Preservation and Stabilization Trust Fund for fiscal year 2016, declaring it an emergency law for the immediate preservation of public convenience. Specifically, the Massachusetts Housing Finance Agency is required to transfer $4,000,000 from funds it administers related to a 1996 program and $2,500,000 from funds related to a lead abatement program, both on behalf of the commonwealth, to the comptroller for credit to the trust fund by June 30, 2016. Additionally, the comptroller is directed to transfer $5,000,000 from the General Fund to the same trust fund by the same date.

Sponsors (0)

No sponsors listed

Last Action

Signed by the Governor, Chapter 107 of the Acts of 2015 (on 10/23/2015)

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