Budget Amendment ID: FY2020-S3-3-R1

Redraft OTH 3

Community Preservation Trust Fund fees

Ms. Creem, Messrs. Tarr and Eldridge, Ms. Gobi, Ms. Jehlen, Messrs. Barrett, Crighton and Moore, Ms. Comerford, Messrs. Kennedy, Keenan, Feeney and Lesser, Ms. DiZoglio, Ms. Rausch, Mr. deMacedo, Ms. Chang-Diaz, Messrs. Collins, Timilty, Cyr, Welch, Finegold and O'Connor and Ms. Lovely moved that the proposed new text be amended by inserting after section __ the following sections:-

SECTION ___. Section 8 of chapter 44B of the General Laws, as so appearing, 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 ___. 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 ___. These two sections shall take effect on December 31, 2019. The commissioner of revenue shall notify the registers of deeds, the assistant recorders and the joint committee on revenue of the new surcharge amounts established under these sections. All documents or instruments received by the registers of deeds and assistant recorders that are postmarked prior to the effective date of these sections shall be subject to the fee surcharge applicable to section 8 of chapter 44B of the General Laws that was in effect prior to that date.