Budget Amendment ID: FY2015-S4-26

OTH 26

Deeds excise receipts

Mr. Keenan moved that the proposed new text be amended moved that the bill be amended by inserting, after section___, the following new section:-

“SECTION___. Chapter 64D of the General Laws is hereby amended by inserting after section 1 the following section:-

Section 1A. Notwithstanding any other general or special law to the contrary, the counties of Bristol, Dukes, Nantucket, Norfolk and Plymouth shall retain forty-two and one half percent of all deeds excise receipts retained by said counties pursuant to any other statute or regulation.  Such funds shall be deposited to the General Fund of the County and shall be disbursed and expended for meeting the costs of operation and maintenance of the county, or retained by the county for such future use.