Amendment #823 to H5007

Regional Transit Authority Funding Distribution

Representatives Blais of Sunderland and Peake of Provincetown move to amend the bill by adding the following section:

"SECTION  XXXX.

SECTION 1.  Subsection (d) of section 2ZZZ of Chapter 29 of the General Laws, as so appearing, is hereby amended by striking out clause (2) and inserting in place thereof the following clause:

(2) $101,000,000 to regional transit authorities organized under chapter 161B or predecessor laws in each fiscal year; provided further  that notwithstanding any special or general law to the contrary: (i) the transfer required by this clause shall be increased by the inflation index as defined in section 35T of chapter 10 for the preceding 12 months as certified by the comptroller annually on March 1; and (ii) no transfer required under this clause shall excess 103 percent of the transfer amount for the prior fiscal year.

SECTION 2. Further amend G.L. Ch. 29 sec 2ZZZ by inserting after clause (2) the following:

(e) In addition to the operational transfer of subsection (d)(2), all funds received annually  from the Transportation Infrastructure Enhancement Trust Fund established in ch. 187 of the Acts of 2016 shall be distributed to regional transit authorities organized under chapter 161B or predecessor statutes in each fiscal year.

SECTION 3. Section 9 of ch. 187 of Acts of 2016  is hereby amended by inserting, after the word “Laws, the following:

to provide financial assistance to regional transit authorities organized under chapter 161B or predecessor statutes, provided however, that this shall be in addition to the operational transfer of subsection (d) of section 2ZZZ of chapter 29 of the General Laws.

Additional co-sponsor(s) added to Amendment #823 to H5007

Regional Transit Authority Funding Distribution