SECTION 1.  Chapter 391 of the Acts of 1998 is hereby amended by providing that thirteen percent (13%) of the room excise tax collected by the town of Provincetown under section 3A of chapter 64G of the General Laws for the fiscal year beginning July 1, 2010 and each fiscal year thereafter shall be credited to the wastewater enterprise fund of said town without further appropriation.

SECTION 2. Section 2 of Chapter 178 of the Acts of 1996 is hereby amended by providing that thirty-five percent (35%) of the excise collected under section 3A of chapter 64G of the General Laws by the town of Provincetown for the fiscal year beginning July 1, 2010 and each fiscal year thereafter shall be credited to the Tourism Fund established pursuant to Section 1 of Chapter 178 of the Acts of 1996 without further appropriation.

SECTION 3. Twenty-five percent (25%) of the excise collected under section 3A of chapter 64G of the General Laws by the town of Provincetown for the fiscal year beginning July 1, 2010 and each fiscal year thereafter shall be credited without further appropriation to the special purpose stabilization fund for capital improvements established in accordance with section 5B of chapter 40 of the General Laws by the town pursuant to the vote under article 9 of the April 5, 2010 special town meeting

SECTION 4: Twenty-seven percent (27%) of the excise collected under section 3A of chapter 64G of the General Laws by the Town of Provincetown for the fiscal year beginning July 1, 2010, and each fiscal year thereafter, shall be credited to the General Fund.

SECTION 5. This act shall take effect upon passage.