SENATE . . . . . . . . . . . . . . No. 2486
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The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Second General Court
(2021-2022)
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SENATE, June 28, 2021.
The committee on Senate Ways and Means to whom was referred the House Bill financing improvements to municipal roads and bridges (House, No. 3903); reports, recommending that the same ought to pass with an amendment striking out all after the enacting clause and inserting in place thereof the text of Senate document numbered 2486. (Bond Authorization: $300,000,000.00)
For the committee,
Michael J. Rodrigues
SENATE . . . . . . . . . . . . . . No. 2486
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The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Second General Court
(2021-2022)
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SECTION 1. To provide for a program of transportation development and improvements, the sum set forth in section 2 for the several purposes and subject to the conditions specified in this act, is hereby made available, subject to the laws regulating the disbursement of public funds. The sum made available in this act shall be in addition to any amounts previously appropriated or made available for these purposes.
SECTION 2.
MASSACHUSETTS DEPARTMENT OF TRANSPORTATION
Highway Division
6122-2125For the construction and reconstruction of municipal ways as described in clause (b) of the second paragraph of section 4 of chapter 6C of the General Laws; provided, that a city or town shall comply with the procedures established by the Massachusetts Department of Transportation; provided further, that a city or town may expend, without further appropriation, for these projects amounts not in excess of the amount provided to the city or town under this item upon preliminary notice of such amount, which shall be provided by the department to the city or town not later than March 1 of each year; and provided further, that the commonwealth shall reimburse a city or town under this item, subject to the availability of funds as provided in section 9G of chapter 29 of the General Laws, within 30 days after receipt by the department of a request for reimbursement from the city or town, which request shall include certification by the city or town that actual expenses have been incurred on projects eligible for reimbursement under this item and that the work has been completed to the satisfaction of the city or town according to the specifications of the project and in compliance with applicable laws and procedures established by the department…………………………………………...$200,000,000
SECTION 3. Item 6121-2118 of section 2B of chapter 383 of the acts of 2020 is hereby amended by striking out the figure “$70,000,000” and inserting in place thereof the following figure:- $95,000,000.
SECTION 4. Item 6121-2127 of said section 2B of said chapter 383 is hereby amended by striking out the figure “$25,000,000” and inserting in place thereof the following figure:- $50,000,000.
SECTION 5. Item 6622-2187 of said section 2B of said chapter 383 is hereby amended by striking out the figure “$25,000,000” and inserting in place thereof the following figure:- $50,000,000.
SECTION 6. Item 6921-2114 of said section 2I of said chapter 383 is hereby amended by striking out the figure “$25,000,000” and inserting in place thereof the following figure:- $50,000,000.
SECTION 7. Section 33 of said chapter 383 is hereby amended by striking out the figure “$1,970,000,000” and inserting in place thereof the following figure:- $2,045,000,000.
SECTION 8. Section 40 of said chapter 383 is hereby amended by striking out the figure “$2,190,698,500” and inserting in place thereof the following figure:- $2,215,698,500.
SECTION 9. To meet the expenditures necessary in carrying out section 2, the state treasurer shall, upon request of the governor, issue and sell bonds of the commonwealth in an amount to be specified by the governor from time to time but not exceeding, in the aggregate, $200,000,000. All bonds issued by the commonwealth as aforesaid shall be designated on their face, Commonwealth Transportation Improvement Act of 2021, and shall be issued for a maximum term of years, not exceeding 30 years, as the governor may recommend to the general court under section 3 of Article LXII of the Amendments to the Constitution. All such bonds shall be payable not later than June 30, 2056, pursuant to said section 3 of said Article LXII. All interest and payments on account of principal on these obligations shall be payable from the General Fund. Notwithstanding any other general or special law to the contrary, bonds issued under this section and interest thereon shall be general obligations of the commonwealth.