summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to dedicate a portion of the stabilization fund to cities and towns. Revenue.
AI Summary
This bill proposes to dedicate at least 10% of the state's stabilization fund (also known as the "rainy day fund") to avoid or mitigate reductions in local aid to cities and towns, including funding for education (Chapter 70), lottery aid, and additional assistance. This is intended to provide additional financial support to municipalities during economic downturns or other fiscal challenges.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see S2497 (on 04/30/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/190/S1646 |
Bill | https://malegislature.gov/Bills/190/S1646.pdf |
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