summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the penalty for withholding low income housing development excess profits. Housing.
AI Summary
This bill amends Section 21 of Chapter 40B of the Massachusetts General Laws to impose a 5-year ban on any public agency or limited dividend or nonprofit organization that is convicted of fraudulently withholding excess profits from a city or town from constructing additional developments under Chapter 40B or Chapter 40R. The purpose of this bill is to penalize entities that improperly retain profits from affordable housing projects in the state.
Committee Categories
Housing and Urban Affairs
Sponsors (5)
Last Action
Accompanied a study order, see H4975 (on 09/28/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/191/H1308 |
Bill | https://malegislature.gov/Bills/191/H1308.pdf |
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