Budget Amendment ID: FY2018-S3-854-R1

Redraft ENV 854

Conservation Land Tax Credit

Ms. O'Connor Ives moved that the proposed new text be amended by inserting, after section 113, the following new section:-

"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 9 figure:- “$5,000,000”."