Mass. Gen. Laws ch. 29 § 2MMMMM

Current through Chapter 216 of the 2024 Legislative Session
Section 29:2MMMMM - [Multiple Versions] Transit Authority Fund
(a) There shall be established and set up on the books of the commonwealth a fund to be known as the Transit Authority Fund. The fund shall be credited any monies transferred under section 12 of chapter 159A 1/2 and all monies credited to or transferred to the fund from any other fund or source. Expenditures from the fund shall be subject to appropriation; provided, that 50 per cent of the funds received shall be appropriated for the Massachusetts Bay Transportation Authority; and provided further, that 50 per cent of the funds received shall be appropriated for the regional transit authorities organized under chapter 161B or predecessor statutes.

Mass. Gen. Laws ch. 29, § 2MMMMM

Added by Acts 2020, c. 383,§ 4, eff. 1/15/2021.