Amendment #1202, as changed to H3800

Conservation Land Tax Credit

Representatives Jones of North Reading, Pignatelli of Lee, Vieira of Falmouth, Gentile of Sudbury, Poirier of North Attleborough, Whelan of Brewster, Hecht of Watertown, Muratore of Plymouth, Ferguson of Holden, Cutler of Duxbury, Kane of Shrewsbury, Crocker of Barnstable, Meschino of Hull, LaNatra of Kingston, Harrington of Groton, Haggerty of Woburn, Howitt of Seekonk, Gifford of Wareham, Hill of Ipswich, Blais of Sunderland, Hunt of Sandwich, Dykema of Holliston and Muradian of Grafton moves to amend the bill by inserting, after section 13, the following 8 sections:-

SECTION 13A.  Subsection (p) of section 6 of chapter 62 of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by adding, in line 760, 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 13B.  Said subsection (p) of said section 6 of said chapter 62, as so appearing, is hereby amended by striking out, in line 826, the figure “$2,000,000” and inserting in place thereof the following figure:- $3,000,000.

SECTION 13C.  Said subsection (p) of said section 6 of said chapter 62, as so appearing, is hereby amended by striking out, in line 826, the figure “$3,000,000” and inserting in place thereof the following figure:- 4,000,000.

SECTION 13D.  Said subsection (p) of said section 6 of said chapter 62, as so appearing, is hereby amended by striking out, in line 826, the figure “$4,000,000”and inserting in place thereof the following figure:- $5,000,000.

SECTION 13E. Section 38AA of chapter 63, as so appearing, is hereby amended by adding, in line 29, 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 13F. Said section 38AA of said chapter 63, as so appearing, 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 13G. Said section 38AA of said chapter 63, as so appearing, is hereby amended by striking out, in line 88, the figure “$3,000,000” and inserting in place thereof the following figure:- $4,000,000.

SECTION 13H. Said section 38AA of said chapter 63, as so appearing, is hereby amended by striking out, in line 88, the figure “$4,000,000” and inserting in place thereof the following figure:- $5,000,000.

And moves to further amend the bill by inserting, after section 57, the following 4 sections:-

SECTION 57B. Sections 13B and 13F shall take effect on January 1, 2020.

SECTION 57C. Sections 13C and 13G shall take effect on January 1, 2021.

SECTION 57D. Sections 13D and 13H shall take effect on January 1, 2022.

SECTION 57E. Sections 13A to 13H, inclusive, is hereby repealed.

SECTION 57F. Section 57E shall take effect on December 31, 2029.

Additional co-sponsor(s) added to Amendment #1202, as changed to H3800

Conservation Land Tax Credit