Establishes a Commonwealth Federal Matching and Debt Reduction Fund to support federal funding applications and infrastructure projects in.
The bill establishes a Commonwealth Federal Matching and Debt Reduction Fund to support federal funding applications and infrastructure projects in Massachusetts. The fund can be used for matching federal funds, repaying state debt, and providing technical assistance to local entities. The Secretary of Administration and Finance will manage the fund and provide quarterly reports on its activities. The fund will also support infrastructure projects and federal funding applications, with a final report due by December 31, 2026.
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