AN ACT FACILITATING THE USE OF LAND TRANSFER OF DEVELOPMENT RIGHTS.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
Section 9 of chapter 40A of
the General Laws, as appearing in the 2000 Official
Edition, is hereby amended by inserting after the third paragraph the following
Zoning ordinances or by-laws may provide for special permits authorizing the
transfer of development rights of land within or between districts. These
ordinances or by-laws shall include incentives such as increases in density of
population, intensity of use, amount of floor space or percentage of lot
coverage, that encourage the transfer of development rights in a manner that
protect open space, preserve farmland, promote housing for persons of low and
moderate income or further other community interests.