Budget Amendment ID: FY2018-S3-567

ECO 567

Conservation Land Tax

Messrs. Tarr, Cyr, O'Connor and Ross and Ms. O'Connor Ives moved that the proposed new text be amended by inserting, after section ___, the following new sections:-

SECTION ___. 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:- “$3,000,000”.

SECTION 2. 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:- “$4,000,000”.

SECTION 3. 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 4.  Section 6 of chapter 62 of the General Laws, 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 5.  Said section 6 of chapter 62 of the General Laws, 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:- “$3,000,000”.

SECTION 6.  Said section 6 of chapter 62 of the General Laws, 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:- “$4,000,000”.

SECTION 7.  Said section 6 of chapter 62 of the General Laws, 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 8.  Sections 1 and 5 shall take effect on January 1, 2018.

SECTION 9. Sections 2 and 6 shall take effect on January 1, 2019.

SECTION 10. Sections 3 and 7 shall take effect on January 1, 2020.

SECTION 11. This act shall expire on December 31, 2025.”