Bill
Bill > H1620
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
Relative to establishing a one-time capital expenditure fund with capital gains revenue. Revenue.
AI Summary
This bill establishes a One-Time Capital Expenditure Fund to be credited with funds appropriated or transferred to the fund, investment income, and annual Part C taxable income collected by the Commissioner of Revenue after accounting for adjustments. The money in this fund can only be expended for one-time capital needs of the Commonwealth, and not for annual operating expenses, as determined by the legislature.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4244 (on 02/22/2018)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H1620 |
| Bill | https://malegislature.gov/Bills/190/H1620.pdf |
Loading...