Bill > H3354

This bill aims to implement fair revenue sharing among all cities and towns in the state. The key provisions are: 1. It defines "additional assistance" as the amount appropriated to a municipality as "unrestricted general government aid", minus the distribution pursuant to a specific clause in existing law. 2. It defines "municipal cost" as a formula that takes into account factors like population density, poverty rate, unemployment rate, and jobs per capita. 3. It defines "municipal revenue raising capacity" as a formula based on residential and non-residential property values and per capita income. 4. It requires the Secretary of Administration and Finance to calculate the "municipal gap" for each municipality, which is the difference between municipal costs and municipal revenue raising capacity. 5. It states that any additional assistance appropriated beyond the previous fiscal year's amount shall be distributed solely to municipalities with a municipal gap greater than 0, in proportion to each municipality's municipal gap.

Government Affairs

https://malegislature.gov/Bills/190/H3354