SECTION 1. Section 2 of chapter 64H of the General Laws is hereby amended by striking the words “6.25 per cent” and inserting in place thereof the words “5.8 per cent”.
SECTION 2. Section 2 of said chapter 64H, as so appearing, is hereby amended by striking the words “6.25 per cent” and inserting in place thereof the words “5.4 per cent”.
SECTION 3. Section 2 of said chapter 64H, as so appearing, is hereby amended by striking the words “6.25 per cent” and inserting in place thereof the words “5 per cent”.
SECTION 4. Section 2 of Chapter 64I of the General Laws is hereby amended by striking the words “6.25 per cent” and inserting in place thereof the words “5.8 per cent”.
SECTION 5. Section 2 of said chapter 64I, as so appearing, is hereby amended by striking the words “6.25 per cent” and inserting in place thereof the words “5.4 per cent”.
SECTION 6. Section 2 of said chapter 64I, as so appearing, is hereby amended by striking the words “6.25 per cent” and inserting in place thereof the words “5 per cent”.
SECTION 7. Sections 1 and 4 shall take effect on August 1, 2018.
SECTION 8. Sections 2 and 5 shall take effect on August 1, 2019.
SECTION 9. Sections 3 and 6 shall take effect on August 1, 2020.
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