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Bill > H4314


MA H4314

Authorizing a development surcharge for community housing in the town of Lexington


summary

Introduced
05/27/2021
In Committee
06/08/2022
Crossed Over
Passed
Dead
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)

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