Amendment ID: S2625-14-R1

Redraft Amendment 14

Massachusetts Maritime Commercial Tax Credit

Messrs. Tarr, Collins, Montigny, Rodrigues, Ross, O'Connor, Keenan and Boncore, Ms. Gobi and Ms. Lovely move to amend the bill by adding after section ___ the following new section:

SECTION XX. The secretary of housing and economic development, shall conduct a study to determine the impact of regulations on establishing water-dependent facilities and businesses in designated port areas, and how the implementation of a maritime commercial tax credit may offset the burden of these regulations to promote job growth and further investment in designated port areas.

This study shall be completed no later than December 31, 2018. Its findings shall be submitted to the clerk of the house of representative and clerk of the senate, the joint committee on revenue, the house of representatives committee on ways and means, and the senate committee on ways and means.