Bill > H4045

This bill provides for capital facility repairs and improvements for the Commonwealth. The key provisions include: - Authorizing the state treasurer to issue up to $3.22 billion in bonds to fund various capital projects across the state, including repairs and improvements to state buildings, courthouses, higher education facilities, public safety facilities, and municipal infrastructure. - Establishing a grant program to provide $168.5 million in funding for capital projects owned or operated by cities, towns, and nonprofit organizations. - Increasing the threshold for the Division of Capital Asset Management and Maintenance to approve design contracts without a full selection process from $100,000 to $300,000. - Extending deadlines and funding levels for previously authorized capital projects at public higher education institutions. - Allowing the lessee of certain state-owned property to demolish existing structures and redevelop the property. The bill aims to address the Commonwealth's deferred maintenance and capital investment needs across state agencies, the court system, public higher education, and municipalities.

Budget and Finance

https://malegislature.gov/Bills/190/H4045