HOUSE DOCKET, NO. 4046 FILED ON: 7/17/2015
HOUSE . . . . . . . . . . . . . . . No. 3673
Section 144 contained in the engrossed Bill making appropriations for the fiscal year 2016 (see House, No. 3650), which had been returned by His Excellency the Governor with recommendation of amendment (for message, see Attachment J of House, No. 3675). July 17, 2015. |
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act relative to the transfer of certain funds to be credited to the Housing Preservation and Stabilization Trust Fund for fiscal year 2016.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to require forthwith the transfer of certain funds to be credited to the Housing Preservation and Stabilization Trust Fund for fiscal year 2016, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
(a) Notwithstanding any general or special law to the contrary, the Massachusetts Housing Finance Agency shall, not later than June 30, 2016 transfer $4,000,000 from funds previously appropriated, or loans repaid, that the agency administers on behalf of the commonwealth as a result of the program established pursuant to item 1231-1020 of section 2 of chapter 151 of the acts of 1996 and $2,500,000 from funds previously appropriated that the agency administers on behalf of the commonwealth as a result of the lead abatement program established in section 197E of chapter 111 of the General Laws, to the comptroller to be credited to the Housing Preservation and Stabilization Trust Fund for fiscal year 2016.
(b) Notwithstanding any general or special law to the contrary, the comptroller shall, not later than June 30, 2016 transfer $5,000,000 from the General Fund to the Housing Preservation and Stabilization Trust Fund.