Massachusetts H3636 allows municipalities to establish transit improvement districts to fund expanded transit options.
Massachusetts H3636 creates a framework for municipalities to establish transit improvement districts (TIDs) to finance expanded transit options. A municipality or group of municipalities must develop a program plan detailing the transit improvement program's means, objectives, and financial plan. The plan must be adopted by the municipal legislative body and requires a public meeting. Once established, a TID can collect fees to fund transit improvements, with property owners contributing at least 25% of the program costs.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.