HOUSE DOCKET, NO. 3463        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3013

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Leonard Mirra

_________________

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 excess profits resulting from 40B developments.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Leonard Mirra

2nd Essex

1/20/2017

David F. DeCoste

5th Plymouth

 

Donald R. Berthiaume, Jr.

5th Worcester

2/3/2017

James M. Cantwell

4th Plymouth

1/26/2017

Josh S. Cutler

6th Plymouth

1/30/2017

Susan Williams Gifford

2nd Plymouth

2/3/2017

Bruce E. Tarr

First Essex and Middlesex

2/3/2017

Chris Walsh

6th Middlesex

2/2/2017

 



HOUSE DOCKET, NO. 3463        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3013

By Mr. Mirra of West Newbury, a petition (accompanied by bill, House, No. 3013) of Leonard Mirra and others relative to the penalty for withholding low income housing development excess profits.  Housing.

 

The Commonwealth of Massachusetts

 

_______________

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

_______________

 

An Act relative to excess profits resulting from 40B developments.

 

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

Section 21 of chapter 40b of the General Laws, as so appearing, is hereby amended by inserting after the first paragraph the following paragraph:-

"Any public agency or limited dividend or nonprofit organization convicted of fraudulently withholding from a city or town of the Commonwealth excess profits from a development under this chapter shall be ineligible to construct any additional developments under this chapter or chapter 40R for a period of 5 years from the date of the conviction."