Massachusetts Statutes

§ 53B — Contributions by commonwealth; application to indebtedness

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title VII CITIES, TOWNS AND DISTRICTS·Ch. 44 MUNICIPAL FINANCE

Section 53B. Any sums allotted and paid by the commonwealth to a city, town or district as a contribution towards the cost of a useful public works project, the state's share of the cost of which project was financed from the proceeds of a loan issued by such city, town or district, shall be applied towards the payment of such indebtedness.

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Nearby Sections

15

§ 53

City, town or district funds; use and disposition

§ 53A

Grants and gifts; acceptance and expenditure

§ 53A 1/2

Gifts of tangible personal property; acceptance

§ 53B

Contributions by commonwealth; application to indebtedness

§ 53C

Deposit and expenditure of compensation for off-duty or special detail work; appropriation for special fund; fee

§ 53D

Recreation and park self-supporting service revolving funds; creation; authorized use of funds; annual report; revocation of provisions

§ 53E

Agencies, boards, etc.; annual operating costs; offset by estimated receipts of user fees

§ 53E 1/2

Revolving funds

§ 53E 3/4

Energy Revolving Loan Fund

§ 53F

Deposits of public funds in banking institutions in return for banking services

§ 53F 1/2

Enterprise funds

§ 53F 3/4

PEG Access and Cable Related Fund

§ 53G

Employment of outside consultants

§ 53G 1/2

Special account for deposits to secure the performance of an obligation by an applicant for a license or permit

§ 53H

Rebate to federal government to exclude interest paid on bonds from gross income

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