SECTION 1. Section 2 of chapter 60B of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by inserting after the word "forty" in line 61 the following sentence:-
A city or town may change the per cent of said excise that is credited to its municipal waterways improvement and maintenance fund by a vote of its legislative body; provided, however, that a legislative body shall not decrease the excise credited to its municipal waterways improvement and maintenance fund below fifty per cent.
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