Greater Fall River could get more money to fix local streets and bridges — particularly in the suburbs — under a proposed bill being filed by Gov. Maura Healey’s administration to boost Chapter 90 funding.
The bill would allow the state to borrow $1.5 billion over the next five years, or $300 million per year, to improve local transportation. Traditionally, Chapter 90 funds have been capped at $200 million per year.
Some of the extra money would come from the state’s millionaire’s tax, which is an extra 4% tax on personal incomes over $1 million per year with the money set aside for education and transportation.
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