Bill
Bill > H4314
MA H4314
Authorizing a development surcharge for community housing in the town of Lexington
summary
Introduced
05/27/2021
05/27/2021
In Committee
06/08/2022
06/08/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to a community housing surcharge in the town of Lexington. Municipalities and Regional Government.
AI Summary
This bill authorizes a development surcharge for community housing in the town of Lexington. The key provisions are as follows:
1. The building commissioner of Lexington shall not issue a certificate of occupancy for a building subject to this act before the community housing surcharge is paid, unless the applicant opts to have the surcharge added to the property taxes instead, in which case they are not required to pay it until the property is sold.
2. Any surcharges received will be deposited into the Town of Lexington Affordable Housing Capital Stabilization Fund.
3. "Community housing" is defined as per Section 2 of Chapter 44B of the Massachusetts General Laws.
4. The act takes effect upon passage.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
No further action taken (on 01/03/2023)
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/192/H4314 |
| Bill | https://malegislature.gov/Bills/192/H4314.pdf |
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