Chapter 70B of the General Laws is hereby amended by adding the following section:-
SECTION 21. Notwithstanding any general or special law to the contrary, as a means of providing available assets for previously approved school building projects adversely affected by increases to material costs, a percentage but no less than $150,000,000 of eligible funds received by the commonwealth as part of State and Local aid from Federal COVID-19 recovery funds shall be paid over to and become part of the School Modernization and Reconstruction Trust Fund.
The Massachusetts School Building Authority shall use these funds to reimburse previously approved school building projects that can show a demonstrated cost increase brought about by the COVID-19 pandemic and global supply chain issues.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.