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
For legislation to sustain community preservation revenue. Revenue.
AI Summary
This bill aims to sustain community preservation revenue in Massachusetts. It amends Chapter 44B of the General Laws to allow the Commissioner of Revenue to increase the surcharges under Section 8 of the chapter if the estimated balance of the Massachusetts Community Preservation Trust Fund is insufficient to support a 50% first-round match distribution to all cities and towns that have accepted the relevant sections of the chapter. The bill also expands the applicability of the surcharges to include the filing of subordinate mortgages extended by public agencies or quasi-public agencies, such as municipalities or the Massachusetts Housing Partnership.
Committee Categories
Budget and Finance
Sponsors (11)
Jim Arciero (D),
Carole Fiola (D),
Denise Garlick (D),
Jim Hawkins (D),
Stephen Hay (D),
John Lawn (D),
Brian Murray (D),
John Rogers (D),
Paul Schmid (D),
Tom Stanley (D),
Steve Ultrino (D),
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2644 |
| Bill | https://malegislature.gov/Bills/191/H2644.pdf |
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