{"AmendmentNumber":"256","ParentBillNumber":"S3178","Bill":null,"Sponsor":{"Id":"PJD0","Name":"Peter J. Durant","Type":1,"Details":"https://malegislature.gov/api/GeneralCourts/194/LegislativeMembers/PJD0","ResponseDate":"2026-07-23T22:23:44.933"},"Category":null,"Action":"Adopted","RollCall":[],"Title":"Small businesses operated on leased commonwealth property","Branch":"Senate","RedraftNumber":2,"IsFurther":false,"GeneralCourtNumber":194,"Text":"Mr. Durant moves that the proposed new text be amended by inserting after section 38 the following section:-\r\nSECTION 38A. Said chapter 29 is hereby further amended by inserting after section 2NNNNNN the following section:-\r\nSection 2OOOOOO. (a) There shall be established and set up on the books of the commonwealth a separate fund known as the Crumbling Concrete Assistance Fund, which shall be administered by the secretary of housing and livable communities. Amounts credited to the fund shall be expended, without further appropriation, to: (i) provide financial assistance to owners of residential real property for the repair or replacement of concrete foundations of such residential real property that have deteriorated due to the presence of pyrite or pyrrhotite; (ii) minimize negative fiscal impacts on municipalities in which such property is located; and (iii) reimburse owners of  residential real property that present satisfactory evidence, as determined by the secretary, that said owners have paid for and replaced their concrete foundation that deteriorated due to the presence of pyrite or pyrrhotite prior to the establishment of the fund; provided, however, that the reimbursement shall not exceed the funding the owner would have received had they applied for financial assistance through the fund. The secretary shall seek to maximize available federal reimbursements for money spent from the fund.\r\nThe fund shall be credited with: (i) appropriations or other money authorized by the general court and specifically designated to be credited to the fund; (ii) funds from public and private sources, including, but not limited to, gifts, grants, donations and settlements received by the commonwealth that are specifically designated to be credited to the fund; (iii) federal funds received under subsection (b); and (iv) interest earned on the assets of the fund. Any balance in the fund at the close of a fiscal year shall be available for expenditure in subsequent fiscal years and shall not be transferred to any other fund or revert to the General Fund.\r\n(b) The secretary of housing and livable communities may apply for, receive and deposit into the fund any federal funds, including, but not limited to, funds made available by the United States Department of Housing and Urban Development Section 108 Loan Guarantee program.\r\n(c) Amounts issued from the fund to impacted homeowners for the repair or replacement of concrete foundations that have deteriorated due to the presence of pyrite or pyrrhotite shall be exempt from taxation under chapter 62.\r\n(d) Annually, not later than June 1, the secretary of housing and livable communities shall report on the activities of the fund from the previous calendar year to the clerks of the senate and house of representatives, the senate and house committees on ways and means, the joint committee on environment and natural resources and the joint committee on housing.\r\n(e) The secretary of housing and livable communities shall promulgate regulations or issue other guidance to set rules for the expenditure of the funds under this section.\r\n"}