SECTION 1. Clause twenty second of section of chapter 59 of the general laws, as amended by section 1 of chapter 260 of the acts of 2006, is hereby amended, by striking out the figure “$400,” and inserting in place thereof, the figure $500.” For the purposes of this clause, $2,000.00 of this exemption or up to the sum of $175.00, whichever basis is applicable shall be borne by the city or town; the balance, up to the sum of $325 shall be borne by the commonwealth.
SECTION 2. This act shall take effect on November 11, 2008
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