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HOUSE DOCKET, NO. 6        FILED ON: 1/3/2011

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 6

 

 

The Commonwealth of Massachusetts

 

_______________

 

 

 

 

 

The Honorable Steven James

Clerk of the House of Representatives

State House, Room 145

Boston, Massachusetts 02133

 

January 3, 2011

 

Dear Mr. James:

 

              [Recommendation Header Text]

 

              1.)     AN ACT RELATIVE TO FINANCIAL REQUIREMENTS OF BUSINESS, CORRESPONDENCE AND TRADE SCHOOLS

 

 

                                                                                                  Sincerely,

 

                                                                                                  [Filer Name],

                                                                                                  [Filer Title]


HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 6

Accompanying the third recommendation of the Department of the State Auditor (House, No. 3) as relates to to financial requirements of business, correspondence and trade schools. Higher Education.


The Commonwealth of Massachusetts
 

_______________

In the Year Two Thousand Eleven

_______________

 

An Act relative to financial requirements of business, correspondence and trade schools.
 

              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.              Section 1A of Chapter 75C, as appearing in the 2004 Official Edition, is hereby amended in line 23 by adding the following sentence:

              “The State Auditor may adopt regulations, issue guidelines and prescribe forms to carry out the provisions of this section and section four.”

              Section 2.              Section 4 of Chapter 75C, as appearing in the 2004 Official Edition, is hereby amended in line 6 by striking the “and not more than one hundred thousand dollars”

              Section 3.              Section 4 of Chapter 75C, as appearing in the 2004 Official Edition, is hereby amended in line 56 by striking the words “doing business in the commonwealth” and inserting in its place the following;

                  legally authorized to do business in the commonwealth.

              Section 4.              Section 3 of Chapter 75D, as appearing in the 2004 Official Edition, is hereby amended in line 24 by adding the following sentence:

              “The State Auditor may adopt regulations, issue guidelines and prescribe forms to carry out the provisions of this section and section fourteen.”

              Section 5.              Section 14 of Chapter 75D, as appearing in the 2004 Official Edition, is hereby amended in line 11 by striking the words “and not more than one hundred thousand dollars”

              Section 6.              Section 14 of Chapter 75D, as appearing in the 2004 Official Edition, is hereby amended in line 61 by striking the words “doing business in the commonwealth” and inserting in its place the following”;

                            legally authorized to do business in the commonwealth

              Section 7.              Section 20A of Chapter 93, as appearing in the 2004 Official Edition, is hereby amended in line 23 by adding the following sentence:

              “The State Auditor may adopt regulations, issue guidelines and prescribe forms to carry out the provisions of this section and section twenty-one F.”

              Section 8.              Section 21F of Chapter 93, as appearing in the 2004 Official Edition, is hereby amended in line 6 by striking the words “and not more than one hundred thousand dollars”

              Section 9.              Section 21F of Chapter 93, as appearing in the 2004 Official Edition, is hereby amended in line 6 by striking the words “doing business in the commonwealth” and inserting in its place the following;

                            legally authorized to do business in the commonwealth

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