Skip to Content


SENATE DOCKET, NO. 1045         FILED ON: 1/17/2013

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 169

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Kenneth J. Donnelly

_______________

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 relative to the workforce competitiveness trust fund.

_______________

PETITION OF:

 

Name:

District/Address:

Kenneth J. Donnelly

Fourth Middlesex

Kenneth I. Gordon

21st Middlesex

Sean Garballey

23rd Middlesex


SENATE DOCKET, NO. 1045        FILED ON: 1/17/2013

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 169

By Mr. Donnelly, a petition (accompanied by bill, Senate, No. 169) of Kenneth J. Donnelly, Kenneth I. Gordon and Sean Garballey for legislation relative to the workforce competitiveness trust fund.  Economic Development and Emerging Technologies. 


The Commonwealth of Massachusetts
 

_______________

In the Year Two Thousand Thirteen

_______________

 

An Act relative to the workforce competitiveness 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 1. Section 2WWW of chapter 29 of the General Laws is hereby amended by deleting subsection               (d) beginning at line 60, as appearing in the 2010 Official Edition, the following new subsection (d):-

              (d) There shall be credited to the fund amounts as described below:

              (i)              an amount equal to 40% of the total revenue deposited into the Gaming Economic Development Fund transferred annually from that fund to the Workforce Competitiveness Trust Fund;

              (ii)              an amount totaling any excess above $2,000,000 that may exist in the Gaming Economic Development Fund as measured on December 31 and transferred annually from the Gaming Economic Development Fund, not to exceed an annual transfer above $5,000,000; and,

              (iii)              any revenue from appropriations or other monies authorized by the general court and specifically designated to be credited to the fund, and any gifts, grants, private contributions, investment income earned on the fund's assets and all other sources.

              Money remaining in the fund at the end of a fiscal year shall not revert to the General Fund.

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.

Error