HOUSE DOCKET, NO. 5011        FILED ON: 7/26/2018

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 4824

The Commonwealth of Massachusetts

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

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An Act relative to the lease of certain yacht clubs on land owned by the commonwealth.

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to authorize forthwith the increase of the rental payment to the commonwealth for the lease of certain yacht clubs, 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:
 

SECTION 1. Chapter 65 of the acts of 2010 is hereby amended by inserting after section 2 the following section:-

Section 2A.  Notwithstanding sections 40E to 40I, inclusive, of chapter 7 of the General Laws, or any other general or special law to the contrary, the leases or other agreements executed under section 1 shall not require an annual rental payment increase of more than 2 per cent of the established rental payment rate for each lease as of January 1, 2015.  This section shall not apply to any lease or other agreement executed by a club associated with an educational institution.

SECTION 2. This act shall take effect as of July 1, 2018.