Bill

Bill > H4237


MA H4237

Financing improvements to municipal roads and bridges


summary

Introduced
02/14/2018
In Committee
04/04/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Financing improvements to municipal roads and bridges

AI Summary

This bill provides $200 million in financing to improve municipal roads and bridges in Massachusetts. The financing will be provided through the issuance of bonds by the state treasurer, with the funds to be allocated to cities and towns for eligible construction and reconstruction projects on municipal ways. The bill outlines the procedures for cities and towns to obtain reimbursement from the state for their project expenses, subject to the availability of funds. The bonds issued under this bill will be general obligations of the Commonwealth of Massachusetts, with interest and principal payments to be made from the General Fund.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (0)

No sponsors listed

Last Action

New draft substituted, see H4367 (on 04/04/2018)

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