Budget Amendment ID: FY2023-S4-834

OTH 834

Community Preservation Act Surplus Funding

Ms. Comerford, Messrs. Eldridge, Moore, Hinds and Cronin, Ms. Gobi, Ms. Rausch, Ms. Lovely, Messrs. O'Connor, Timilty and Tarr, Ms. Creem and Messrs. Gomez and Cyr moved that the proposed new text be amended by adding the following section:-

“SECTION XX. Notwithstanding any general or special law to the contrary, prior to transferring the consolidated net surplus in the budgetary funds for fiscal year 2022 to the Commonwealth Stabilization Fund pursuant to section 5C of chapter 29 of the General Laws, the comptroller shall transfer $20,000,000 to the Massachusetts Community Preservation Trust Fund established in section 9 of chapter 44B of the General Laws.”.