HOUSE DOCKET, NO. 2726        FILED ON: 1/16/2025

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Natalie M. Blais

_________________

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 maintaining the state disaster relief and resiliency trust fund.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Natalie M. Blais

1st Franklin

1/15/2025


HOUSE DOCKET, NO. 2726        FILED ON: 1/16/2025

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[Pin Slip]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Fourth General Court
(2025-2026)

_______________

 

An Act maintaining the state disaster relief and resiliency trust fund.

 

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

Section 5G of chapter 29 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out in lines 8 through 14, inclusive, the words "90 per cent shall be transferred to the Commonwealth Stabilization Fund established in section 2H; (ii) 5 per cent shall be transferred to the State Retiree Benefits Trust Fund established in section 24 of chapter 32A; (iii) 5 per cent shall be transferred to the Commonwealth's Pension Liability Fund established in subsection (e) of subdivision 8 of section 22 of chapter 32" and inserting in place thereof the following words:- 70 per cent shall be transferred to the Commonwealth Stabilization Fund established in section 2H; (ii) 10 per cent shall be transferred to the State Retiree Benefits Trust Fund established in section 24 of chapter 32A; (iii) 10 per cent shall be transferred to the Commonwealth's Pension Liability Fund established in subsection (e) of subdivision 8 of section 22 of chapter 32; and (iv) 10 per cent shall be transferred to the Disaster Relief and Resiliency Trust Fund established in section 2HHHHHH of chapter 29 as inserted by section 58 of chapter 140 of the acts of 2024.