By Mr. O'Leary, a petition (accompanied by bill,
Senate, No. 1180) of Robert A. O'Leary and Eric Turkington
for legislation relative to the Dukes county land bank.
Municipalities and Regional Government. {Local approval
received.} |
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. Clause (m) of section 12 of chapter 736 of the acts of 1985, as amended by section 15 of chapter 673 of the acts of 1987, in hereby further amended by striking out in line 1 the words:
“The first one hundred thousand dollars” and inserting in place thereof the following:
“an amount, determined on or before January 1 of each year by the land bank commission after due analysis of the range of real estate prices in the member towns and in no event less than $300,000.”
