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MA H38
Bill
AI Summary
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Authorizes the State Treasurer's department to charge state agencies, departments, and authorities for the reasonable costs of providing services
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Extends the timeframe for certain financial provisions from 6 to 12 months under Chapter 29, Section 34
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Replaces cash/securities deposit requirements with insurance-based certification for blasting operations, requiring liability coverage of at least $1 million per person/$5 million per occurrence for bodily injury and $1 million per occurrence/$5 million aggregate for property damage
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Establishes similar insurance requirements for fireworks users certificates, with coverage minimums of $1 million per person/$2 million per occurrence for bodily injury and $1 million per occurrence/$2 million aggregate for property damage
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Modernizes bond filing procedures across multiple chapters to allow "acceptable bond documentation" to be made accessible to the State Treasurer rather than requiring physical delivery, and provides for refund of previously deposited cash/securities after 5 years if no claims are pending
Legislative Description
Relative to treasury operations
Last Action
Accompanied a study order, see H5198
3/9/2026