Establishes an independent Municipal Building Authority to plan, finance, and manage a municipal building assistance program for modern, safe, accessible municipal facilities that relieve overcrowding and support smart growth, governed by the State Treasurer (chair), the Secretary of Administration and Finance, a representative of the Municipal Association, and four Treasurer appointees with expertise in public building construction and municipal management.

Creates the Municipal Building Modernization and Reconstruction Trust Fund, held in trust by the State Treasurer and disbursed to the Authority without further appropriation, capitalized by dedicated amounts equal to 0.5 percent of receipts from sales and 0.5 percent of the sales price of purchases under the sales and use taxes; authorizes use of the fund for any lawful Authority purpose, including debt service, and permits it to be pledged to secure Authority debt, with annual certification that the Authority's budget and capital plan cover financing obligations.

Imposes a statutory covenant holding pledged sales and use tax revenues in trust for bondholders, prohibiting diversion of pledged sums and reductions to the covered sales and use tax rates while Authority bonds or notes remain outstanding, and allowing transfer of excess fund balances back to the state.

The bill proposes the establishment of the Massachusetts Municipal and Public Safety Building Authority, which provides funds for projects to modernize and construct new municipal and public safety facilities throughout Massachusetts. Under the bill, a dedicated trust fund—the Municipal and Public Safety Building Modernization and Reconstruction Trust Fund—will be created, receiving 33% of excise tax revenues from marijuana sales. These funds will assist municipalities in building or renovating essential facilities, such as police and fire stations, city and town halls, and public works buildings.

The Authority is chaired by the state Treasurer and operates with the goal of regional equity, prioritizing support for financially disadvantaged municipalities, and emphasizing environmentally sustainable and community-focused development. The Authority will manage the funds, finance debt, and oversee project approvals, ensuring that all undertakings are cost-effective, sustainable, and innovative.

This bill establishes the Massachusetts Public Safety Building Authority (MPSBA) as an independent public entity responsible for overseeing a public facilities building program focused on the construction, renovation, and remodeling of police stations, fire stations, and other public safety facilities. The MPSBA is composed of seven members, including the State Treasurer as chairperson, the Secretaries of Administration and Finance, and Public Safety and Security, along with four additional members appointed by the Treasurer. The bill also establishes the Municipal Building Modernization and Reconstruction Trust Fund, which will receive a portion sales tax revenue equal to 0.5 percent of sales. 

Establishes a special commission to investigate the feasibility of creating a municipal building finance authority and to propose legislation, directing it to identify public and private funding sources for grants and loans; assess innovative financing approaches for planning and constructing municipal facilities-including councils-on-aging facilities, public safety facilities, town halls, and other buildings; and define potential powers for such an authority, including grant programs, technical assistance, and a statewide capital-needs survey.

Sets a 13-member commission comprising legislative appointees, the State Treasurer, the Secretaries of Administration and Finance, Public Safety and Security, Elder Affairs, and Housing and Economic Development, the Executive Director of the School Building Authority, and the Municipal Association, with appointments due within 90 days and a report due by December 31, 2023.

Creates an independent Municipal Building Authority to administer a municipal building assistance program and establishes the Municipal Building Modernization and Reconstruction Trust Fund funded by dedicated sales and use tax revenues equal to 0.5 percent of receipts from sales and 0.5 percent of the sales price of purchases, excluding specified special receipts and the meals tax. Directs the State Treasurer to hold the fund in trust and disburse it without further appropriation to the Authority for any lawful purpose, including debt service on Authority obligations; allows the revenues to be pledged to secure Authority debt; requires annual certification that sufficient amounts are budgeted to meet financing obligations; permits transfer of excess balances to the state; and covenants not to divert pledged revenues or reduce sales and use excise rates while bonds remain outstanding and sums are needed.

Defines governance-chaired by the State Treasurer with the Secretary of Administration and Finance, a municipal association representative, and four Treasurer appointees with expertise in public building construction and municipal management-and subjects operations to open meeting, public records, auditing, and ethics laws.

The bill proposes the establishment of the Massachusetts Municipal and Public Safety Building Authority, which provides funds for projects to modernize and construct new municipal and public safety facilities throughout Massachusetts. Under the bill, a dedicated trust fund—the Municipal and Public Safety Building Modernization and Reconstruction Trust Fund—will be created, receiving 33% of excise tax revenues from marijuana sales. These funds will assist municipalities in building or renovating essential facilities, such as police and fire stations, city and town halls, and public works buildings.

The Authority is chaired by the state Treasurer and operates with the goal of regional equity, prioritizing support for financially disadvantaged municipalities, and emphasizing environmentally sustainable and community-focused development. The Authority will manage the funds, finance debt, and oversee project approvals, ensuring that all undertakings are cost-effective, sustainable, and innovative.

This bill establishes the Massachusetts Public Safety Building Authority (MPSBA) as an independent public entity responsible for overseeing a public facilities building program focused on the construction, renovation, and remodeling of police stations, fire stations, and other public safety facilities. The MPSBA is composed of seven members, including the State Treasurer as chairperson, the Secretaries of Administration and Finance, and Public Safety and Security, along with four additional members appointed by the Treasurer. The bill also establishes the Municipal Building Modernization and Reconstruction Trust Fund, which will receive a portion sales tax revenue equal to 0.5 percent of sales. 

This bill creates the Massachusetts Municipal and Public Safety Building Authority, an independent public entity designed to aid municipalities in building and upgrading essential public structures such as police and fire stations, and city or town halls. Also created is the Municipal and Public Safety Building Modernization and Reconstruction Trust Fund, which will be allocated 33% of the state's marijuana sales tax revenue to support related projects. The fund will be used to finance eligible construction and renovation projects by providing grants and loans tailored to the financial status and contributions of each municipality.

The Authority will include a board of state officials and appointed experts in public safety facilities and municipal management. It is responsible for setting standards for construction, ensuring regional equity, and prioritizing help for financially challenged municipalities and those with significant environmental justice populations.

This bill establishes the Massachusetts Public Safety Building Authority, an independent organization to assist municipalities with the construction and improvement of public safety buildings, including police and fire stations. The bill also creates the Public Safety Building Modernization and Reconstruction Trust Fund, which receives funding from 1% of the sales and use tax and 33% of the marijuana sales tax. This fund is used to finance and refinance approved public safety projects and associated costs.

The Authority is composed of appointed members who possess expertise in public safety facility planning and design. It will review and approve grant applications for public safety projects, offer technical assistance, and recommend legislation. Additionally, the Authority administers a public safety building assistance program to promote the development and ongoing maintenance of public safety facilities across Massachusetts. It conducts thorough reviews and surveys to determine the capital needs for public safety services, and it develops long-term capital plans based on forecasting future funding.

Establishes a special commission to study the feasibility of creating a municipal building finance authority, directing it to identify state and private funding sources for grants and loans, evaluate innovative financing for municipal facilities-including councils on aging, public safety buildings, and town halls-and define potential powers such as grant programs, technical assistance, and statewide needs surveys.

Sets a 13-member body comprising legislative appointees, the State Treasurer, the Secretaries of Administration and Finance, Public Safety and Security, Elder Affairs, and Housing and Economic Development, the Executive Director of the School Building Authority, and a representative of a statewide municipal association; requires appointments within 90 days, with members serving until the commission completes its work; and requires submission of recommendations and draft legislation by December 31, 2026.