Amendment #121 to H4789

MLSC Angel Investor Disclaimer

Mr. Philips of Sharon moves to amend the bill by adding at the end the following section: “Section XX. Notwithstanding any general or special law to the contrary, the Massachusetts Life Sciences Center will undertake any and all efforts necessary to ensure that applicants for the Angel Investor Tax Credit are aware at the time of the submittal of their application for said credit that qualifying for said credit may not result in their receiving said credit in a given year due to oversubscription or any other limitations on extending said credit to all qualified applicants.”