Budget Amendment ID: FY2019-S4-3-R1

Redraft OTH 3

Community Preservation Act

Ms. Creem, Messrs. Eldridge, Lewis, Ross and Barrett, Ms. Friedman, Messrs. Crighton, Feeney, Cyr and Hinds, Ms. L'Italien, Ms. Jehlen, Messrs. Boncore, Rush, Welch, Lesser and Keenan, Ms. O'Connor Ives, Messrs. Collins, Brownsberger, DiDomenico, O'Connor, Tarr and Tran moved that the proposed new text be amended by inserting after section 13 the following 3 sections:-

“SECTION 13A. Section 8 of chapter 44B of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by striking out, in lines 3, 8 and 23, the figure “20” and inserting in place thereof, in each instance, the following figure:- 50.

SECTION 13B. Said section 8 of said chapter 44B, as so appearing, is hereby further amended by striking out, in lines 10, 14 and 24, the figure “10” and inserting in place thereof, in each instance, the following figure:- 25.

SECTION 13C. Said section 8 of said chapter 44B, as so appearing, is hereby further amended by inserting after the figure “188”, in lines 17 and 27, each time it appears, the following words:- or to the filing of a subordinate mortgage extended by a public agency or quasi-public agency including, but not limited to, a municipality of the commonwealth and the Massachusetts Housing Partnership.

by inserting after section 56 the following 2 sections:-

“SECTION 56A. The commissioner of revenue shall provide notification to the registers of deeds, the assistant recorders and the joint committee on revenue of the changes to surcharges under section 8 of chapter 44B of the General Laws that take effect on December 1, 2018.

SECTION 56B. Notwithstanding section 8 of chapter 44B of the General Laws, a document that is received by a register of deeds or an assistant recorder after December 1, 2018 but is postmarked prior to December 1, 2018 shall be subject to the applicable surcharge under said section 8 of said chapter 44B as in effect on November 30, 2018.”; and

by inserting after section 61 the following section:-

“SECTION 61A. Sections 13A to 13C, inclusive, shall take effect on December 1, 2018.”.