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MA S1936

Bill

Official Source

Status

Introduced

2/27/2025

Primary Sponsor

Joanne Comerford

Click for details

Origin

Senate

194th General Court

AI Summary

  • Reduces the Commonwealth Stabilization Fund allocation from 90% to 70% of excess capital gains tax revenue
  • 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
  • Filed by Senator Joanne M. Comerford on January 15, 2025, with bipartisan co-sponsorship from six additional legislators

Legislative Description

Maintaining the state disaster relief and resiliency trust fund

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

11/20/2025

Committee Referrals

Ways and Means11/20/2025
Revenue2/27/2025

Full Bill Text

No bill text available