AN ACT FUNDING THE TOWN OF HANOVER'S OTHER POST-EMPLOYMENT BENEFITS LIABILITY TRUST FUND.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Notwithstanding any general or special law to the contrary, the treasurer of the town of Hanover shall deposit all sums received for the local sales tax upon the sale of restaurant meals pursuant to section 2 of chapter 64L of the General Laws into the town's Other Post-Employment Benefits Liability Trust Fund established pursuant to section 20 of chapter 32B of the General Laws to meet the town's obligations for other post-employment benefits. All sums and any interest thereon shall become part of the fund and may be appropriated and expended in accordance with said section 20 of said chapter 32B.
SECTION 2. This act shall expire on July 1, 2024, unless before such time, and on each 5-year anniversary after that, the town of Hanover, by majority vote of town meeting, approves an extension.
SECTION 3. This act shall take effect upon its passage.
Approved, March 19, 2020.