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Bill > S1958


MA S1958

Establishing a Massachusetts Infrastructure Bank


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to establish a Massachusetts Infrastructure Bank. Transportation.

AI Summary

This bill establishes a Massachusetts Infrastructure Bank (MIB) to finance a loan program for eligible transportation projects, including highways, bridges, railroads, transit, waterways, ports, and airports. The MIB will receive funds through the annual general appropriation act, which it will leverage with private debt capital by issuing bonds or other financing arrangements.

Committee Categories

Transportation and Infrastructure

Sponsors (7)

Last Action

Accompanied a study order, see S2484 (on 04/26/2018)

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