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Bill > H3825


MA H3825

MA H3825
Relative to transfers from the General Fund to the Stabilization Fund


summary

Introduced
07/19/2017
In Committee
07/19/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Section 109 contained in the engrossed Bill making appropriations for the fiscal year 2018 (see House, No. 3800), which had been returned by His Excellency the Governor with recommendation of amendment (for message, see Attachment I of House, No. 3828). July 17, 2017.

AI Summary

This bill sets the threshold for transfers from the General Fund to the Stabilization Fund, based on capital gains tax collections, at $1,219,790,736 during fiscal year 2018. This change to the existing law is intended to take effect as of July 1, 2017, as an emergency law necessary for the immediate preservation of the public convenience.

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/01/2019)

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