SSA bailout

2020

July 24, 2020

State Bailout for SSA Deficit Becomes Law

Noah Asimow
Steamship Authority
SSA bailout

Gov. Charlie Baker signed a supplemental FY2020 budget into law on Friday, officially shifting the burden for this year’s projected Steamship Authority deficit from the five port communities onto the state.

July 8, 2020

Senate Amendment Was Months in the Making

Noah Asimow
Steamship Authority
SSA bailout
As of Thursday morning last week, financial projections for the Steamship Authority included a potential tax assessment for the six Island towns upwards of $7 million. Then the picture changed.
July 2, 2020

Senate Bill Would Relieve Port Towns From Paying SSA Deficit

Noah Asimow
Steamship Authority
SSA bailout
The budget amendment would exempting all port towns from having to cover a Steamship Authority pandemic-related budget shortfall.
May 8, 2020

Markey, Warren, Keating Seek Federal Aid for Steamship Authority

Noah Asimow
Coronavirus
Steamship Authority
SSA bailout
With the financially strapped Steamship Authority in mind, the Massachusetts Congressional delegation is requesting $3 billion in aid to keep the country’s ferry industry afloat. A letter was sent to Speaker of the House Nancy Pelosi and senate leaders Mitch McConnell and Chuck Schumer May 7.
April 27, 2020

Governor Demurs on Steamship Authority Bailout

Noah Asimow
Martha's Vineyard Hospital
Steamship Authority
Coronavirus
SSA bailout

In his daily press briefing Monday, Gov. Charlie Baker was vague about whether the state would help rescue the financially struggling Steamship Authority.

April 23, 2020

Staying Afloat

Editorial
SSA bailout
No Island institution has escaped the crushing effects of the coronavirus crisis, including the Steamship Authority.

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