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By Messrs. Honan of Boston and Rogers of Norwood, petition (accompanied by bill, House, No. 2949) of Kevin G. Honan and others relative to the low income housing tax credit. Revenue. |
The Commonwealth of Massachusetts
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PETITION OF:
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By Messrs. Honan of Boston and Rogers of Norwood, petition (accompanied by bill, House, No. 2949) of Kevin G. Honan and others relative to the low income housing tax credit. Revenue. |
The Commonwealth of Massachusetts
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PETITION OF:
John H. Rogers
Lida E. Harkins
Marie P. St. Fleur
Robert F. Fennell
John P. Fresolo
David B. Sullivan
Cleon H. Turner
Martha M. Walz
Anthony J. Verga
Christine E. Canavan
Timothy J. Toomey, Jr.
Barry R. Finegold
Douglas W. Petersen
Frank M. Hynes
Peter V. Kocot
Robert M. Koczera
Martin J. Walsh
Alice K. Wolf
Gale D. Candaras
Michael R. Knapik
Harriett L. Stanley
William N. Brownsberger
William Lantigua
John A. Lepper
Denise Provost
Mark V. Falzone
J. James Marzilli, Jr.
John D. Keenan
Anne M. Gobi
Brian S. Dempsey
Carl M. Sciortino, Jr.
Colleen M. Garry
Louis L. Kafka
James B. Eldridge
Elizabeth A. Malia
David M. Torrisi
Barbara A. L'Italien
Kay Khan
Robert L. Rice, Jr.
Antonio F. D. Cabral
Alice Hanlon Peisch
Walter F. Timilty
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In the Year Two Thousand and Seven.
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An Act regarding the Massachusetts low income housing tax credit. |
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. Subsection (b) of section 6I of chapter 62 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by striking out paragraph (1) and inserting in place thereof the following paragraph:-
(1) There shall be a Massachusetts low-income housing tax credit. The department may authorize annually under this section, together with section 31H of chapter 63, the total sum of: (1) $10,000,000; (2) unused Massachusetts low-income housing tax credits, if any, for the preceding calendar years; and (3) Massachusetts low-income housing tax credits returned to the department by a qualified Massachusetts project.
SECTION 2. Subsection (b) of section 31H of chapter 63 of the General Laws, as so appearing, is hereby amended by striking out paragraph (1) and inserting in place thereof the following paragraph:-
(1) There shall be a Massachusetts low-income housing tax credit. The department may authorize annually under this section, together with section 6I of chapter 62, the total sum of: (1) $10,000,000; (2) unused Massachusetts low-income housing tax credits, if any, for the preceding calendar years; and (3) Massachusetts low-income housing tax credits returned to the department by a qualified Massachusetts project.