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Bill > S2478


MA S2478

Regarding transfer of retained earnings surplus in the town of Clinton


summary

Introduced
04/23/2018
In Committee
07/02/2018
Crossed Over
07/23/2018
Passed
07/24/2018
Dead
Signed/Enacted/Adopted
08/03/2018

Introduced Session

190th General Court

Bill Summary

For legislation to regard transfer of retained earnings surplus in the town of Clinton. Municipalities and Regional Government. [Local Approval Received.]

AI Summary

This bill allows the town of Clinton to transfer retained earnings surplus from its Landfill Enterprise Fund into a Capital Projects & Infrastructure Improvements Stabilization Fund, notwithstanding any general or special laws to the contrary. The town is required to establish guidelines for these transfers by ordinance. The bill takes effect upon passage.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Signed by the Governor, Chapter 164 of the Acts of 2018 (on 08/03/2018)

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