AN ACT AUTHORIZING THE TRANSFER OF FUNDS FOR ENVIRONMENTAL CLEAN-UP PURPOSES.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to authorize forthwith the transfer of funds for environmental clean-up purposes, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:
Notwithstanding any general or special law to the contrary, not later than 10 days after the effective date of this act, the comptroller shall transfer $30,000,000 from the General Fund to the Brownfields Redevelopment Fund established pursuant to section 29A of chapter 23G of the General Laws; provided however, that not more than $1,200,000 of this amount shall be used by the Massachusetts Development Finance Agency to fund a pilot program for grants, not to exceed $350,000 per project, to be used for asbestos and lead paint abatement; provided, however, that not more than $200,000 of said $1,200,000, shall be used to study the efficacy, the continued need for, and the potential costs of extending said pilot program; and provided further, that the Massachusetts Development Finance Agency shall provide a detailed written report of its findings following said study no later than July 31, 2007 to the house and senate chairs of the committee on ways and means, the chairs of the joint committee on community development and small business and the chairs of the joint committee on economic development and emerging technologies.
Passed without Governor’s signature, July 11, 2006.