Amendment #726 to H3600

MA Securities Fines and Penalties Revenue

Mr. Scaccia of Boston moves to amend the bill by adding the following section:-

“SECTION XXXX.        The Department of the State Secretary may retain as revenue 50% from the Massachusetts Securities Fines and Penalties up to $500,000 for general expenses above and beyond the $4 million anticipated revenue for the Commonwealth for FY 2018.”