summary
Introduced
07/07/2016
07/07/2016
In Committee
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
SENATE, Thursday, July 7, 2016 - The committee on Ways and Means, to whom was referred the House Bill modernizing municipal finance and government (House, No. 4419); reports, recommending that the same ought to pass with an amendment striking out all after the enacting clause and inserting in place thereof the text of Senate document numbered 2410.
AI Summary
This bill modernizes municipal finance and government by updating various laws related to procurement, taxation, and financial management. Key provisions include changes to procurement thresholds, requiring more competitive bidding for contracts over $10,000 and establishing clearer procedures for public notification and vendor selection. It also introduces new rules for establishing and managing "Other Post-Employment Benefits Liability Trust Funds" (OPEB Funds) to help governmental units save for future retiree healthcare costs, and allows for joint powers agreements between governmental units to share services. The bill also revises how certain taxes and fees are handled, including motor vehicle excise taxes and vessel excise taxes, and updates regulations for electronic poll books and the collection of unpaid taxes. Additionally, it modifies provisions related to municipal borrowing, stabilization funds, and the assessment and collection of property taxes, aiming to improve efficiency and financial oversight for local governments.
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Senate Committee on Ways and Means (Senate)
Last Action
See H4419 (on 07/13/2016)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/S2410 | 07/08/2016 |
| Bill | https://malegislature.gov/Bills/189/S2410.pdf | 07/08/2016 |
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