Massachusetts General Laws

Mass. Gen. Laws ch. 29, § 2 (2026)

General Fund; deposit of revenue

✓ current as of July 2026
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Section 2. There shall be a General Fund of the commonwealth, into which all revenue payable to the commonwealth shall be paid, except revenue required by law to be paid into a fund other than the General Fund and revenue for or on account of sinking funds, trust funds or trust deposits, which funds shall be maintained and the revenue applied in accordance with law or the purposes of the fund.

All such revenue shall be deposited in and credited to the General Fund or other state funds during the fiscal year in which it is received. In the event that a question arises as to the correct year to credit the receipt of revenues, the comptroller shall make a determination as to the correct fiscal year and the determination of the comptroller shall be conclusive. Every source of state revenue shall be classified according to a schedule of revenue accounts promulgated by the comptroller. The commonwealth's receipt of such revenue shall be documented under rules and regulations promulgated by the comptroller.

Notes of Decisions
Cited in 4 cases, 2000–2010 · leading case: New England Div. of the Am. Cancer Soc'y v. Comm'r of Admin., 437 Mass. 172 (Mass. 2002).
New England Div. of the Am. Cancer Soc'y v. Comm'r of Admin., 437 Mass. 172 (Mass. 2002). “29, 2XX, and the General Fund, see G. L. c. 29, § 2 — that were neither in deficit at the time of the reductions, nor projected to be in deficit by the end of the fiscal year, the plaintiffs assert that the Governor’s authority under § 9C to reduce those allotments was not…”
Patriot Resorts Corp. v. Register of Deeds of Berkshire, 879 N.E.2d 716 (Mass. App. Ct. 2008). “12 We also observe that recording fees collected by the register are not retained by the register but are paid into the General Fund, pursuant to G. L. c. 29, § 2. Accordingly, additional recording fees collected are not available to the register to cover any additional expenses…”
Kadlick v. Dep't of Mental Health, 431 Mass. 850 (Mass. 2000). “See G. L. c. 29, § 2. As a consequence, the department asserts, “an award of fees would not result in additional funding for enforcement of civil rights by MHLAC, would not have any net impact on the Treasury [,] .”
Provencal v. Commonwealth Health Ins. Connector Auth., 924 N.E.2d 689 (Mass. 2010). “See G. L. c. 29, § 2 OOO, inserted by St. 2006, c.”
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