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Bill > S1999


MA S1999

MA S1999
Relative to segregated reserve funds in the city of Boston


summary

Introduced
08/24/2015
In Committee
02/24/2016
Crossed Over
07/11/2016
Passed
07/13/2016
Dead
Signed/Enacted/Adopted
07/22/2016

Introduced Session

189th General Court

Bill Summary

Relative to segregated reserve funds in the city of Boston. Municipalities and Regional Government. [Local Approval Received.]

AI Summary

This bill, concerning segregated reserve funds in the city of Boston, amends Section 17A of chapter 190 of the acts of 1982, which was previously modified by section 7 of chapter 701 of the acts of 1986, by removing the last paragraph of that section. The purpose of segregated reserve funds is to set aside money for specific future purposes, and by removing the last paragraph, this bill alters the regulations governing these funds in Boston. This act will become effective immediately upon its passage.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Signed by the Governor, Chapter 166 of the Acts of 2016 (on 07/22/2016)

bill text


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