HOUSE DOCKET, NO. 2350        FILED ON: 1/15/2015

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2516

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Sean Garballey

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to the Massachusetts clean water trust.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Sean Garballey

23rd Middlesex

1/15/2015


HOUSE DOCKET, NO. 2350        FILED ON: 1/15/2015

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2516

By Mr. Garballey of Arlington, a petition (accompanied by bill, House, No. 2516) of Sean Garballey for legislation to establish a water infrastructure transaction surcharge on real estate sales.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Eighty-Ninth General Court
(2015-2016)

_______________

 

An Act relative to the Massachusetts clean water trust.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Subsection (a)(v) of section 4 of chapter 29C, as so appearing in the 2014 Official Edition, is hereby amended by striking, in line __, the word “and” and inserting the following subsection at the end thereof:-

“(vi) amounts collected from a transaction surcharge of ten cents per thousand dollars on all real estate sales, provided that such funds shall be administered pursuant to section 6 of chapter 29C; and”

SECTION 2. Subsection (a)(vi) of section 4 of chapter 29C, as so appearing in the 2014 Official Edition, is hereby amended by striking, in line __, the number “vi” and inserting the following in place thereof:- “vii”.

SECTION 3. Chapter 36 of the general laws, as appearing in the 2014 Official Edition, is hereby amended by inserting the following new section at the end thereof:-

“Section 119. Upon the recording or registering of any sale of real property, there shall be paid to the recorder ten cents per thousand dollars on all real estate sales as a water infrastructure surcharge.  Each registrar of deeds shall forward such surcharge amounts to Massachusetts Clean Water Trust established in section 2 of chapter 29C.