summary
Introduced
11/13/2017
11/13/2017
In Committee
12/04/2017
12/04/2017
Crossed Over
03/29/2018
03/29/2018
Passed
04/02/2018
04/02/2018
Dead
Signed/Enacted/Adopted
04/12/2018
04/12/2018
Introduced Session
190th General Court
Bill Summary
That the town of Westborough be authorized to establish a capital improvements fund in said town. Municipalities and Regional Government. [Local Approval Received.]
AI Summary
This bill establishes a special Capital Improvements Fund in the town of Westborough, Massachusetts. The fund will be credited with tax revenues collected from the property commonly referred to as the state hospital property, including property, personal, and excise taxes. The town's board of assessors will estimate the annual state hospital property tax revenues to be collected in the upcoming fiscal year and report them to the board of selectmen. The town treasurer will then allocate the estimated revenues to the Capital Improvements Fund without further appropriation. The fund can only be used for capital projects or purposes that cost $10,000 or more and are not annual operating expenses, as well as for the payment of debt service on such projects. This act applies to estimated state hospital property tax revenues to be collected in fiscal year 2019 and thereafter, and it takes effect upon passage.
Committee Categories
Government Affairs
Sponsors (4)
Last Action
Signed by the Governor, Chapter 64 of the Acts of 2018 (on 04/12/2018)
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/H4028 |
| Bill | https://malegislature.gov/Bills/190/H4028.pdf |
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