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November 22, 2024 Clouds | 52°F
The 193rd General Court of the Commonwealth of Massachusetts

AN ACT RELATIVE TO THE PUBLIC HEALTH ENTERPRISE FUND IN THE TOWN OF STOUGHTON.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:

Notwithstanding section 5B of chapter 40 and section 53F½ of chapter 44 of the General Laws or any other general or special law to the contrary, in the town of Stoughton, if the certified retained earnings of the Public Health Enterprise Fund, as of July 1 in any fiscal year, exceeds the approved fiscal year operating budget of said fund, up to 50 per cent of such excess may, by a vote of the town meeting, be transferred to the Stabilization Fund.

Approved, August 20, 2010.