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Bill > S2130


MA S2130

Updating chapter 40R


summary

Introduced
07/31/2017
In Committee
07/31/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to update Chapter 40R,- reports the accompanying bill (Senate, No. 2130).

AI Summary

This bill proposes to amend Section 14 of Chapter 40R of the Massachusetts General Laws. The key provision is that the state Department of Housing and Community Development shall waive repayment of funds by a city or town if the city or town can demonstrate to the Department that there is no market for housing as defined in Section 6 of Chapter 40R. This change aims to provide flexibility for cities and towns that may be unable to meet the housing development requirements of Chapter 40R due to a lack of market demand for housing.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 07/31/2017)

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