Bill
Bill > H3958
MA H3958
Relative to the Massachusetts Water Resource Authority Capital Infrastructure Fund in the town of Stoughton
summary
Introduced
10/16/2017
10/16/2017
In Committee
11/16/2017
11/16/2017
Crossed Over
01/29/2018
01/29/2018
Passed
02/01/2018
02/01/2018
Dead
Signed/Enacted/Adopted
02/09/2018
02/09/2018
Introduced Session
190th General Court
Bill Summary
Relative to the Massachusetts Water Resource Authority capital infrastructure fund in the town of Stoughton. Municipalities and Regional Government. [Local Approval Received.]
AI Summary
This bill amends a 2006 law to allow the town of Stoughton to establish and maintain a special fund called the Massachusetts Water Resource Authority Capital Infrastructure Fund. The fund will receive contributions from entities with tax increment financing agreements with the town, and the town's board of selectmen, acting as water commissioners, may annually transfer funds from this special account to the town's Water Enterprise Fund to cover debt service or make capital purchases, without further appropriation and limited to the available balance in the special fund.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
Signed by the Governor, Chapter 21 of the Acts of 2018 (on 02/09/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H3958 |
| Bill | https://malegislature.gov/Bills/190/H3958.pdf |
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