Amendment #11 to H57

Fair Share Fund

Representatives Jones of North Reading, Ferguson of Holden, Frost of Auburn, Gifford of Wareham, Barrows of Mansfield and Smola of Warren move to amend the bill by adding the following section:

SECTION XXXX. Chapter 10 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by adding after section 78 the following section:

Section 79. There shall be established and set up on the books of the commonwealth a separate fund to be known as the Fair Share Transparency and Accountability Fund to be used, subject to appropriation by the state Legislature, for public education, public colleges and universities; and for the repair and maintenance of roads, bridges, and public transportation. There shall be credited to the fund all revenues collected pursuant to Article CXXI of the state constitution and any income derived from investment of amounts credited to the fund. No monies deposited into this fund that are unexpended at the end of the fiscal year shall revert to the General Fund. No expenditure from said fund shall cause said fund to be in deficiency at the close of the fiscal year.

Additional co-sponsor(s) added to Amendment #11 to H57

Fair Share Fund