Section 8 Surtax Implementation 4
Section 6D of said chapter 29 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by striking out, in lines 22 to 24, inclusive, the words "and (g) section 2E, which shall set forth appropriations to support transfers to funds other than budgetary funds" and inserting in place thereof the following words:- (g) section 2E, which shall set forth appropriations to support transfers to funds other than budgetary funds; and (h) section 2F, which shall set forth appropriations funded from the Education and Transportation Fund.
Summary
This section, along with five others, formally incorporates the 4% surtax into the Massachusetts General Laws and establishes the Education and Transportation Fund for deposit of surtax revenues.