summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd 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 penalty on public agencies, limited dividend, or nonprofit organizations that are convicted of fraudulently withholding excess profits from a city or town from a development under Chapter 40B. The penalty is ineligibility to construct any additional developments under Chapter 40B or Chapter 40R for a period of 5 years from the date of conviction.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Accompanied a study order, see H5276 (on 09/19/2022)
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/192/H1433 |
Bill | https://malegislature.gov/Bills/192/H1433.pdf |
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