summary
Introduced
06/11/2015
06/11/2015
In Committee
06/29/2015
06/29/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
Relative to an affordable housing trust in the town of Duxbury. Housing. [Local Approval Received.]
AI Summary
This bill, concerning an affordable housing trust in Duxbury, aims to consolidate the town's housing funds by transferring any assets from the "Affordable Housing Trust Fund" established by a 2005 law to a new affordable housing trust fund created through Duxbury's annual town meeting under a specific state law (section 55C of chapter 44 of the General Laws). This means that any money or property currently held in the older trust will now be managed by the newer trust. Furthermore, any future payments intended for the Affordable Housing Trust fund can be directed to this newly established trust. To complete this transition, the bill repeals the original 2005 law that created the initial trust, and the changes will take effect immediately upon being passed into law.
Committee Categories
Government Affairs, Housing and Urban Affairs
Sponsors (2)
Last Action
Accompanied a study order, see H4606 (on 09/12/2016)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/House/H3572 |
| State Bill Page | https://malegislature.gov/Bills/189/H3572 |
| Bill | https://malegislature.gov/Bills/189/H3572.pdf |
Loading...