S2406
An Act to establish a Massachusetts Transportation Endowment Fund (MTEF)
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill creates a new fund called the Massachusetts Transportation Endowment Fund (MTEF) to support long-term transportation projects throughout the state. The fund will be financed through a dedicated revenue stream, likely from a percentage of transportation-related taxes and fees. The goal is to provide a stable and predictable source of funding for critical infrastructure improvements and maintain a robust transportation system. This bill builds upon previous attempts to establish a similar fund.
Sponsors
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Primary sponsor
Jason M. Lewis
Cosponsor
Vincent Dixon
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