Consolidated Amendment "A" to H3982
Consolidated Amendment
Fiscal Note: $0
Amendments: 1, 2, 3, 4, 5, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27
Mr. Michlewitz of Boston and others move to amend the bill in section 2, in item 4590-0950, by striking the number “4590-0950” and inserting in place thereof the following number:- 4590-0915.
And further amend the bill by inserting after section 2A the following 6 sections:-
SECTION 2AA. Paragraph (5) of subsection (q) of section 6 of chapter 62 of the General Laws, as amended by sections 218 to 220, inclusive, of chapter 7 of the acts of 2023, is hereby further amended by striking out the words “The total amount of credits that may be authorized by EOHLC in a calendar year pursuant to this subsection and section 38BB of chapter 63 shall not exceed $10,000,000 and” and inserting in place thereof the following 3 sentences:- EOHLC may authorize up to $30,000,000 in credits annually under this subsection and section 38BB of chapter 63. In addition, EOHLC may authorize annually (i) any portion of the annual cap on credits not authorized by EOHLC in the preceding calendar years under this subsection or said section 38BB of said chapter 63; and (ii) any credits under this subsection or said section 38BB of said chapter 63 returned to EOHLC by a certified housing development project. The total amount of credits authorized during a year.
SECTION 2BB. Said paragraph (5) of said subsection (q) of said section 6 of said chapter 62, as so amended, is hereby further amended by inserting after the words “chapter 63;” the following word:- and.
SECTION 2CC. Said paragraph (5) of said subsection (q) of said section 6 of said chapter 62, as so amended, is hereby further amended by striking out the words “Any portion of the $10,000,000 annual cap not awarded by the EOHLC in a calendar year shall not be applied to awards in a subsequent year.”
SECTION 2DD. Subdivision (5) of section 38BB of chapter 63, as amended by sections 231 and 232 of chapter 7 of the acts of 2023, is hereby further amended by striking out the words “The total amount of credits that may be authorized by EOHLC in a calendar year under this section and subsection (q) of section (6) of chapter 62 shall not exceed $10,000,000 and” and inserting in place thereof the following 3 sentences:- EOHLC may authorize up to $30,000,000 in credits annually under this section and subsection (q) of section (6) of chapter 62. In addition, EOHLC may authorize annually (i) any portion of the annual cap on credits not authorized by EOHLC in the preceding calendar years under this section or said subsection (q) of said section (6) of said chapter 62; and (ii) any credits under this section or said subsection (q) of said section (6) of said chapter 62 returned to EOHLC by a certified housing development project. The total amount of credits authorized during a year.
SECTION 2EE. Said subdivision (5) of said section 38BB of said chapter 63, as so amended, is hereby further amended by inserting after the words “chapter 62;” the following word:- and.
SECTION 2FF. Said subdivision (5) of said section 38BB of said chapter 63, as so amended, is hereby further amended by striking out the words “Any portion of the $10,000,000 annual cap not awarded by EOHLC in a calendar year shall not be applied to awards in a subsequent year.”
And further amend the bill by inserting, after section 21, the following section:-
SECTION 21A. Sections 46, 48, 61, 63 and 124A of chapter 287 of the acts of 2014, as most recently amended by section 26 of chapter 99 of the acts of 2018, are hereby repealed.
And further amend the bill by inserting after section 22 the following 2 sections:-
SECTION 22A. Item 1599-0026 of section 2 of chapter 24 of the acts of 2021, as most recently amended by section 171 of chapter 268 of the acts of 2022, is hereby further amended by striking out the words “June 30, 2023” and inserting in place thereof the following words:- June 30, 2024.
SECTION 22B. Item 1599-2051 of section 2A of chapter 102 of the acts of 2021, as amended by section 45 of chapter 2 of the acts of 2023, is hereby further amended by striking out the words “June 30, 2023” and inserting in place thereof the following words:- June 30, 2027.
And further amend the bill by inserting after section 23 the following 2 sections:-
SECTION 23A. Item 7008-1116 of section 2 of said chapter 126 is hereby amended by inserting after the words “Outside the Box” the following words:- and such funds shall be made available until June 30, 2024.
SECTION 23B. Item 8000-0313 of said section 2 of said chapter 126 is hereby amended by inserting after the figure “2020” the following words:- and such funds shall be made available until June 30, 2024.
And further amend the bill by inserting after section 24 the following section:-
SECTION 24A. Subsection (c) of section 19 of chapter 154 of the acts of 2022 is hereby amended by striking out the words “June 1, 2023” and inserting in place thereof the following words:- June 30, 2024.
And further amend the bill in section 26 by striking out, in line 223, the word “calendar” and inserting in place thereof the following word:- school.
And further amend the bill by adding the following 2 sections:-
SECTION 29. Notwithstanding any general or special law to the contrary, in calendar year 2023, the executive office of housing and livable communities may authorize up to $57,000,000 in credits under subsection (q) of section (6) of chapter 62 of the General Laws and section 38BB of chapter 63 of the General Laws. Any portion of this amount that is not authorized in calendar year 2023 shall be added to the amount the executive office of housing and livable communities may authorize in subsequent years under said subsection (q) of said section (6) of said chapter 62 and said section 38BB of said chapter 63.
SECTION 30. Sections 2AA to 2FF, inclusive, shall apply to tax years beginning on or after January 1, 2024.