SECTION 1. Chapter 10 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by adding after section 78 the following section:
Section 79. There shall be established and set up on the books of the commonwealth a separate fund to be known as the Fair Share Transparency and Accountability Fund to be used solely for education and transportation purposes. There shall be credited to the fund all revenues collected pursuant to Article CXXI of the state constitution and any income derived from investment of amounts credited to the fund. No monies deposited into this fund that are unexpended at the end of the fiscal year shall revert to the General Fund. No expenditure from said fund shall cause said fund to be in deficiency at the close of the fiscal year.
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