HOUSE DOCKET, NO. 1556        FILED ON: 1/13/2009

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3566

The Commonwealth of Massachusetts

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In the Year Two Thousand Nine

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AN ACT RELATIVE TO THE FRINGE BENEFIT RATE CAP..

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Notwithstanding any general or special law to the contrary, the charges for fringe benefit costs recoverable by the commonwealth pursuant to chapter 29, section 5D, of the General Laws shall not in the case of personnel, other than federally funded personnel, paid from local trust funds at any public institution of higher education be based on a fringe benefit rate that exceeds 24.50% through FY2012 under said section