MA H3424

Bill

MA H3424

Relative to contract assistance for central artery debt of the Massachusetts Bay Transportation Authority

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to contract assistance for central artery debt of the Massachusetts Bay Transportation Authority. Transportation.

AI Summary

This bill amends the existing law to provide additional contract assistance from the Commonwealth Transportation Fund to the Massachusetts Bay Transportation Authority (MBTA) to cover the debt service obligations of the MBTA that originated from the Central Artery project, a major highway infrastructure project in Massachusetts. The bill requires the state treasurer to enter into an agreement with the MBTA to provide this contract assistance, which the MBTA can then pledge as security for its own debt obligations. The bill also requires the secretary of administration and finance to annually calculate the portion of the MBTA's debt that stems from the Central Artery project.

Committee Categories

Transportation and Infrastructure

Sponsors (10)

Sean Garballey (D)*, Christine Barber (D), Mike Connolly (D), Michael Day (D), Marjorie Decker (D), Jamie Eldridge (D), Jonathan Hecht (D), Denise Provost (D), Tom Stanley (D), Chris Walsh (D),

Last Action

Accompanied a study order, see H4597 (on 06/11/2018)

Official Document

https://malegislature.gov/Bills/190/H3424

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H3424
Bill	https://malegislature.gov/Bills/190/H3424.pdf

Bill	Bill Name	Last Action	Type
H1833	Establishing a pilot program allowing for in-person payment of daily parking fees at certain commuter rail stations operated by the Massachusetts Bay Transportation Authority	Accompanied a study order, see H4649	Similar To
H1873	Increasing access to medical care for veterans	Accompanied a study order, see H4502	Similar To
H1876	Requiring an actuarial study of the MBTA retirement fund	No further action taken	Similar To
H1901	Relative to the Massachusetts Bay Transportation Authority	No further action taken	Similar To
H2675	Relative to transparency in the MBTA Retirement Fund	Accompanied a study order, see H4481	Similar To
H2727	Relative to enhancing recycling machines at Massachusetts Bay Transportation Authority facilities	Accompanied a study order, see H4537	Similar To
H3882	Authorizing the city of Somerville to impose impact fees for any development project for the purposes of funding the Green Line Extension	No further action taken	Similar To
H4597	Transport Study Order - 7 Feb. 2018 - House - #1	Discharged to the committee on House Rules	Replaced by

Bill > H3424

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (10)

Last Action

Official Document

bill text

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