HOUSE DOCKET, NO. 1272        FILED ON: 1/18/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1627

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Jeffrey Sánchez

_________________

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 to amend the Brownfields tax credit.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Jeffrey Sánchez

15th Suffolk

1/18/2017

Patricia A. Haddad

5th Bristol

 

Natalie Higgins

4th Worcester

 


HOUSE DOCKET, NO. 1272        FILED ON: 1/18/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1627

By Mr. Sánchez of Boston, a petition (accompanied by bill, House, No. 1627) of Jeffrey Sánchez, Patricia A. Haddad and Natalie Higgins relative to the Brownfields tax credit.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninetieth General Court
(2017-2018)

_______________

 

An Act to amend the Brownfields tax credit.

 

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 (j)(1) of Section 6 of Chapter 62 of the General Laws as so appearing in the most recent edition is hereby amended by striking out, in the first sentence, the phrase:  “for any property it owns or leases for business purposes” and inserting in thereof the following phrase: 

for any property it then owns, operates, or leases for business purposes

SECTION 2.  Said subsection (j)(1) of Section 6 of Chapter 62 is further amended by striking out, in the third sentence, the figure “40.00” and inserting in place thereof the following figure:

40.0000

SECTION 3.  Said subsection (j)(1) of Section 6 of Chapter 62 is further amended by inserting, immediately after the third sentence, the following sentence:

Such costs may include net response and removal costs incurred by such corporation before such corporation first owned, operated, or leased the subject property.

SECTION 4. Section 38Q(a) of Chapter 63 of the General Laws as appearing in the most recent edition is hereby amended by striking out, in the first sentence, the phrase:  “for any property it owns or leases for business purposes” and inserting in place thereof the following phrase: 

for any property it then owns, operates, or leases for business purposes

SECTION 5. Said section 38Q(a) of said chapter 63 is hereby further amended by striking out, in the second sentence, the figure “40.00” and inserting in place thereof the following figure:

40.0000

SECTION 6.  Said section 38Q(a) of said chapter 63 is hereby further amended by inserting, immediately after the second sentence, the following sentence:

Such costs may include net response and removal costs incurred by such corporation before such corporation first owned, operated, or leased the subject property.