Budget Amendment ID: FY2015-S4-665

TRP 665

MBTA Taxpayer's Savings Amendment

Messrs. Montigny and Michael O. Moore moved that the proposed new text be amended moved that the bill be amended by inserting after section___ the following new section:-

“SECTION____.   (a) Notwithstanding any general or special law to the contrary, the Massachusetts Bay Transportation Authority shall, not later than September 1, 2014, issue a request for proposals for a minimum of 120 days and annually March 1 each year thereafter to sell, license or rent naming or sponsorship rights for all subway, bus or commuter rail stations or other assets operated and owned by the authority. Nothing in this section shall prevent the Massachusetts Bay Transportation Authority from soliciting or receiving requests for information on said property.

(b) The secretary of transportation shall direct all revenues generated by the Massachusetts Bay Transportation Authority under this section to be used on mass transit capital expansion projects.”