HOUSE DOCKET, NO. 5524        FILED ON: 12/4/2024

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The Commonwealth of Massachusetts

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PRESENTED BY:

Paul J. Donato

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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 establishing a linkage exaction program in the city of Medford.

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PETITION OF:

HOUSE DOCKET, NO. 5524        FILED ON: 12/4/2024

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The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Third General Court
(2023-2024)

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An Act establishing a linkage exaction program in the city of Medford.

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

Subsection (B) of section 2 of chapter 488 of the acts of 1989 is hereby amended by striking clause (5) and inserting in place thereof the follow clause:-

"(5) The level of any exaction shall be reviewed at least every 10 years and reset as required based upon the recommendation of the office of community development and the mayor of said city. In between reviews, updates to any exaction may be adjusted, over time, based upon changes in the Consumer Price Index for All Urban Consumers compiled by the United States Bureau of Labor Statistics."