Amendment #35 to H4508

TCI

Representatives Hecht of Watertown, Provost of Somerville and Robinson of Framingham move to amend the bill by striking Section 26 and inserting the following:-

“Section 26.  Notwithstanding any general or special law to the contrary, not less than 120 days before the entry into force in the Commonwealth of any multistate memorandum of understanding or other regional agreement regarding transportation fuels that adopts or otherwise utilizes a market-based compliance mechanism as defined in section 1 of chapter 21N of the General Laws, the secretary of energy and environmental affairs in conjunction with the secretary of transportation shall submit to the House Committee on Ways and Means and the Senate Committee on Ways and Means a report analyzing its impact on the retail price of gasoline in the Commonwealth one year, three years and five years after its entry into force.  The report shall include, but not be limited to, analysis of the impact in different regions of the state and on businesses, low-income residents, and persons with limited access to public transit.  The report shall also make recommendations for measures, including but not limited to consumer rebates and refundable tax credits, to offset the impact of any projected increase in the retail price of gasoline while complying with chapter 21N of the General Laws.”