Amendment #122 to H4461

Conservation Land Tax Credit

Representatives Kulik of Worthington, Schmid of Westport, Madden of Nantucket and Kocot of Northampton move to amend the bill by adding at the end thereof the following new section:-

SECTION 1. Section 38AA of chapter 63 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by striking out, in line 88, the figure “$2,000,000” and inserting in place thereof the following figure:- “$5,000,000”.

SECTION 2.  Section 6 of chapter 62, as so appearing, is hereby amended by adding, in line 817, after the words “as amended” the following words:- “, or a nonprofit trust in realty  organized for the purposes of land conservation established pursuant to chapter 203.”

SECTION 3.  Said section 6 of chapter 62, as so appearing, is hereby amended by striking out, in line 883, the figure “$2,000,000” and inserting in place thereof the following figure:- “$5,000,000”.

SECTION 4.  This act shall take effect on January 1, 2017

SECTION 5. This act shall expire on December 31, 2022.