Amendment #806 to H3400

Providing for a private sector-funded Olympics

Mr. Diehl of Whitman moves to amend the bill by inserting the following section:

SECTION XXX.  (a) Notwithstanding any general or special law to the contrary, and except as provided in subsection (b), no state agency, authority, or other entity created by the General Court, shall expend any state funds, incur any liability, indebtedness or obligation, directly or indirectly, by guaranty, indemnification agreement, bond undertaking or otherwise to procure, host, aid, further or remediate the effects of, the 2024 Olympics.

(b) Because efficient transportation is essential to the economy of the state, and because efficient transportation is essential to the success of the 2024 Olympics, nothing in this section shall prevent any state agency, authority, or other entity created by the General Court, from spending state funds, incurring liabilities and obligations, or entering into other agreements for the purpose of the repair, maintenance, construction and operation of the state’s transportation system including, without limitation, roads, bridges, tunnels, rail lines, buses, boats and other means of transportation, even if such expenditures may also facilitate procuring, hosting, aiding, furthering, or remediating the effects of, the 2024 Olympics.

(c) Nothing in this section shall prohibit any state agency, authority, or other entity created by the General Court, from expending the proceeds of, or servicing the debt created by, bonds authorized and issued, or performing contracts entered into, before the effective date of this section, even if they relate to procuring, hosting, aiding, furthering or remediating the effects of the 2024 Olympics.

(d) The term “authority,” as used in this section, shall have the meaning given to it in section 39 of chapter 3 of the General Laws.