HOUSE DOCKET, NO. 942 FILED ON: 1/15/2019
HOUSE . . . . . . . . . . . . . . . No. 1308
|
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Lenny 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: |
Lenny Mirra | 2nd Essex | 1/15/2019 |
Timothy R. Whelan | 1st Barnstable | 1/23/2019 |
Shawn Dooley | 9th Norfolk | 1/24/2019 |
Mathew J. Muratore | 1st Plymouth | 1/31/2019 |
Bruce E. Tarr | First Essex and Middlesex | 2/1/2019 |
HOUSE DOCKET, NO. 942 FILED ON: 1/15/2019
HOUSE . . . . . . . . . . . . . . . No. 1308
By Mr. Mirra of West Newbury, a petition (accompanied by bill, House, No. 1308) of Lenny Mirra and others relative to the penalty for withholding low income housing development excess profits. Housing. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 3013 OF 2017-2018.]
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-First General Court
(2019-2020)
_______________
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."