MA H3030

Amends Section 5G of Chapter 29 of the General Laws to change how excess state tax revenues are distributed among trust funds

Reduces the Commonwealth Stabilization Fund allocation from 90% to 70% of excess revenues

Increases the State Retiree Benefits Trust Fund allocation from 5% to 10%

Increases the Commonwealth's Pension Liability Fund allocation from 5% to 10%

Creates a new 10% allocation to the Disaster Relief and Resiliency Trust Fund, established by Chapter 140 of the Acts of 2024