Budget Amendment ID: FY2019-S4-950-R2
2nd Redraft ENV 950
Annual Rental Fees
Messrs. DiDomenico, Boncore, Tran and Barrett, Ms. Creem, Messrs. Collins, Rush and Timilty, Ms. L'Italien and Mr. O'Connor moved that the proposed new text be amended by inserting after section 37 the following section:-
“SECTION 37A. Chapter 65 of the acts of 2010 is hereby amended by inserting after section 2 the following section:-
Section 2A. Notwithstanding any general or special law to the contrary, the leases or other agreements executed under section 1 shall not require an annual rental payment increase of more than 4 per cent of the established rental payment rate for each lease as of January 1, 2018. This section shall not apply to any lease or other agreement executed by a club associated with an educational institution.”.