Amendment #66 to H4714

CPACE Technical Changes

Mr. Golden of Lowell moves to amend the bill by inserting after section 53 the following section:

"Section 54.

Section 3(a)(1) of chapter 23M of the General Laws, as inserted by Chapter 188 of the Acts of 2016, is hereby amended by inserting in the third line thereof, after the word “entity,”, “and to establish and administer a third-party financing program”.

Section 3(g) of chapter 23M of the General Laws, as inserted by Chapter 188 of the Acts of 2016, is hereby amended by striking from the third sentence thereof the words “and remedies”.

Section 3(g) of chapter 23M of the General Laws, as inserted by Chapter 188 of the Acts of 2016, is hereby further amended by inserting the following after the fifth sentence of such section:

“In the event a lien for property taxes of the municipality is foreclosed, the betterment assessment lien shall be extinguished solely with regard to any installments that were due and owing on the date of foreclosure of such tax lien, and the betterment assessment lien shall otherwise survive such foreclosure.”

Section 3(g) of chapter 23M of the General Laws, as inserted by Chapter 188 of the Acts of 2016, is hereby further amended by striking the words “judgment of” appearing in the seventh sentence thereof.

Section 3(g) of chapter 23M of the General Laws, as inserted by Chapter 188 of the Acts of 2016, is hereby further amended by striking the words “such judgment” appearing at the end of the seventh sentence thereof and inserting in place thereof “such foreclosure”.

Section 3(h) of chapter 23M of the General Laws, as inserted by Chapter 188 of the Acts of 2016, is hereby amended by striking the remainder of the fifth sentence thereof after the word “foreclosure” and inserting in place thereof “in a manner consistent with the rights afforded a mortgagee under the provisions of section 21 of chapter 183, and an action of contract or any other appropriate action, suit or proceeding.”"