Amends the transfer of excess tax revenues to include a portion for the Disaster Relief and Resiliency Trust Fund.
This bill amends the distribution of excess tax revenues in Massachusetts. It changes the allocation to include 70% for the Commonwealth Stabilization Fund, 10% for the State Retiree Benefits Trust Fund, 10% for the Commonwealth's Pension Liability Fund, and 10% for the Disaster Relief and Resiliency Trust Fund. This adjustment aims to ensure that funds are available for disaster relief and resiliency efforts within the state.
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