Bill Text: MA H3248 | 2009-2010 | 186th General Court | Introduced
Bill Title: The property and finances of the Massachusetts Turnpike Authority
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 9/15 at 11:00 AM in Hearing Room B1 [H3248 Detail]
Download: Massachusetts-2009-H3248-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Bradley H. Jones, Jr.
_______________
To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to reforming the finances of the massachusetts turnpike authority.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Bradley H. Jones, Jr. |
20th Middlesex |
|
Viriato Manuel deMacedo |
1st Plymouth |
|
George N. Peterson, Jr. |
9th Worcester |
|
Elizabeth Poirier |
14th Bristol |
|
Paul K. Frost |
7th Worcester |
|
Susan Williams Gifford |
2nd Plymouth |
|
Bradford R. Hill |
4th Essex |
|
Jeffrey Davis Perry |
5th Barnstable |
|
Karyn E. Polito |
11th Worcester |
|
Richard J. Ross |
9th Norfolk |
|
Robert S. Hargraves |
1st Middlesex |
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act relative to reforming the finances of the massachusetts
turnpike authority.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
SECTION 1. Subsection (l) of section 4 of chapter 81A of the General Laws, as most recently amended by chapter 304 of the acts of 2008, is hereby further amended by inserting after “to real property currently pending;” the following:-
provided, it shall dispose of a portion of its real property to the Pension Reserves Investment Trust Fund established under the provisions of subdivision (8) of section twenty-two in exchange for the current market value of such portion of real property
SECTION 2. Subdivision (2A) of section 23 of chapter 32 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by adding the following paragraph:-
(k) Subject to the approval or ratification of the PRIM board, the executive director shall prescribe rules and procedures to facilitate the inclusion of real property, as acquired pursuant to subsection (l) of section 4 of chapter 81A, into the PRIT Fund.
