Amendment #218 to H4000

Social Innovation Financing

Mr. Sannicandro of Ashland moves to amend the bill in section 2 by striking out item 1599-3557 and inserting in place thereof the following item:-

“1599-3557  For continued funding for the Social Innovation Trust Fund established under section 35VV of chapter 10 of the General Laws to hold funds in support of pay for success contracts; provided, that as provided in said section 35VV these funds will only be distributed upon achieving performance goals under the pay for success contract; and provided further, that these funds will support the efforts underway to enter into pay for success contracts including juvenile justice, chronic homelessness and adult basic education … $7,000,000”