An Act to modernize and enhance the distribution of Chapter 90 funds

This bill updates how Massachusetts distributes Chapter 90 transportation funds to municipalities by changing the calculation methods for matching grants. It establishes a new formula that allocates money based on the specific costs of resurfacing a set percentage of local and state roads. Additionally, the law modifies the matching ratio to range between 12.5% and 200% of a town's requested amount, using property values and personal income as equal factors to determine the final distribution. These changes directly affect local governments by altering how they receive state funding for road maintenance and construction projects.