Bill > S1551

This bill allows cities and towns in Massachusetts to impose a tax surcharge on a single subject of taxation, such as payroll, sales, property, fuel, or vehicle excise tax, after approval by the local governing body and acceptance by the voters. The bill establishes a Local and Regional Transportation Fund to be used for transportation-related purposes, with the money coming from the surcharge revenues. The bill also creates a Massachusetts Local and Regional Transportation Trust Fund at the state level to receive and distribute funds from surcharges on sales or payroll taxes. The bill requires the creation of local and regional transportation committees to provide recommendations on transportation projects and spending. Overall, the bill aims to provide cities and towns with additional funding for local and regional transportation initiatives through voter-approved tax surcharges.

Budget and Finance

https://malegislature.gov/Bills/190/S1551