AN ACT REQUIRING A CERTAIN LEASEHOLD INTEREST IN THE STATE TRANSPORTATION BUILDING TO BE ASSESSED AS A SEPARATE PARCEL OF REAL ESTATE.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
As used in this act, the term "leasehold interest" shall
mean the leasehold interest created in a portion of the state transportation
building in the city of Boston pursuant to the certain Master Lease and Garage
Operating Agreement dated September 12, 1985 by and between the commonwealth
and the Theater District Limited Partnership, as the same may be assigned or
amended, but not the fee interest in any part of said building.
At any time when title to the state transportation
is not in the commonwealth or a public body not subject to real estate taxes,
then notwithstanding the provisions of chapter 59 of the General Laws or any
other general or special law to the contrary, the leasehold interest shall be
assessed and taxed as a parcel of real property separate and distinct from all
other real and personal property; provided, however, that no nonpayment of
assessed to any other real or personal property, including any other interest
in or portion of the state transportation building in the city of Boston, shall
create any lien upon, or affect, or allow the termination of the leasehold
Senate, January 29, 1998.
This Bill having been returned by the Lieutenant-Governor, Acting Governor,
objections thereto in writing (see Senate 2049) has been passed by the
Senate, the objections of the Lieutenant-Governor, Acting Governor to the
notwithstanding, two-thirds of
the Senate (36 yeas to 1 nays) having agreed to the same.
Sent to the House of Representatives for its action.
Thomas F. Birmingham, President.
Edward B. O'Neill, Clerk.
House of Representatives, February 11, 1998.
Passed by the House of Representatives, notwithstanding the objections of
the Lieutenant-Governor, Acting Governor, two-thirds of the members
present (147 yeas to 0 nays) having approved the same.
Thomas M. Finneran, Speaker.
Robert E. MacQueen, Clerk.