HOUSE DOCKET, NO. 608 FILED ON: 1/13/2015
HOUSE . . . . . . . . . . . . . . . No. 718
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The Commonwealth of Massachusetts
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PRESENTED BY:
Ronald Mariano
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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 sewer rate relief fund.
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PETITION OF:
Name: | District/Address: | Date Added: |
Ronald Mariano | 3rd Norfolk | 1/13/2015 |
Louis L. Kafka | 8th Norfolk | 9/3/2019 |
Bruce J. Ayers | 1st Norfolk | 9/3/2019 |
HOUSE DOCKET, NO. 608 FILED ON: 1/13/2015
HOUSE . . . . . . . . . . . . . . . No. 718
By Mr. Mariano of Quincy, a petition (accompanied by bill, House, No. 718) of Ronald Mariano, Louis L. Kafka and Bruce J. Ayers relative to annual debt service obligations under the Commonwealth Sewer Rate Relief Fund. Environment, Natural Resources and Agriculture. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 763 OF 2013-2014.]
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 sewer rate relief fund.
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. Section 2Z of Chapter 29 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by striking the words “No city, town, district, commission, agency, authority, board or other instrumentality of the commonwealth or any of its political subdivisions which is responsible for the ownership or operation of wastewater treatment projects and is authorized to finance all or any part of the cost thereof through the issuance of eligible indebtedness, in this section called an issuer, shall receive relief authorized by this section in excess of 20 per cent of its annual debt service obligations due to eligible indebtedness” in line 10 and inserting in place thereof the following:-
A city, town, district, commission, agency, authority, board or other instrumentality of the commonwealth or any of its political subdivisions which is responsible for the ownership or operation of wastewater treatment projects and is authorized to finance all or any part of the cost thereof through the issuance of eligible indebtedness, in this section called an issuer, shall receive relief authorized by this section at a rate of 20 per cent of its annual debt service obligations due to eligible indebtedness.