SENATE DOCKET, NO. 2240 FILED ON: 1/23/2019
SENATE . . . . . . . . . . . . . . No. 2266
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The Commonwealth of Massachusetts
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PRESENTED BY:
Nick Collins
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act investing in the Commonwealth’s schools.
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PETITION OF:
Name: | District/Address: |
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Nick Collins | First Suffolk |
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Edward J. Kennedy | First Middlesex | 1/30/2019 |
David Henry Argosky LeBoeuf | 17th Worcester | 2/1/2019 |
SENATE DOCKET, NO. 2240 FILED ON: 1/23/2019
SENATE . . . . . . . . . . . . . . No. 2266
By Mr. Collins, a petition (accompanied by bill, Senate, No. 2266) (subject to Joint Rule 12) of Nick Collins, Edward J. Kennedy and David Henry Argosky LeBoeuf for legislation to invest in the Commonwealth’s schools. Education. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-First General Court
(2019-2020)
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An Act investing in the Commonwealth’s schools.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Chapter 70B of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by striking out Section 7 and inserting in place thereof the following section:-
Section 7. There shall be a limit on the estimated amount of grants approved by the authority during a fiscal year. For fiscal year 2008, that limit shall be $500,000,000 and for fiscal year 2019, that limit shall be $750,000,000. For each fiscal year thereafter, the limit shall be the limit for the previous fiscal year plus the lower of the rate of growth in the dedicated sales tax revenue amount, as defined in subsection (a) of Section 35BB of Chapter 10, or 4.5 per cent.