AN ACT RELATIVE TO THE LEASE OF CERTAIN YACHT CLUBS ON LAND OWNED BY THE COMMONWEALTH.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to authorize forthwith the increase of the rental payment to the commonwealth for the lease of certain yacht clubs, 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:
Chapter 65 of the acts of 2010 is hereby amended by inserting after section 2 the following section:-
Section 2A. Notwithstanding any general or special law to the contrary, the leases or other agreements executed under section 1 shall not require an annual rental payment increase of more than 3 per cent of the established rental or permit payment rate for each lease or other agreement as of January 1, 2015. This section shall not apply to any lease or other agreement executed by a club associated with an institution of higher education.
Approved, January 5, 2019.