Bill > H3589

This bill authorizes the town of Chatham to use 100% of the revenue collected from its boat excise tax, which is a tax on registered boats, for its waterways improvement fund. This fund, established under a specific state law (chapter 40, section 5G of the General Laws), can then be used exclusively for purposes outlined in that law, which typically involve the maintenance and improvement of waterways. This provision overrides any other existing laws that might restrict how such tax revenue can be spent, ensuring that the boat excise tax directly supports the town's waterfront infrastructure.