| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 1 of 1 | |
| 2 | 2 | HOUSE DOCKET, NO. 244 FILED ON: 1/11/2023 | |
| 3 | 3 | HOUSE . . . . . . . . . . . . . . . No. 1100 | |
| 4 | 4 | The Commonwealth of Massachusetts | |
| 5 | 5 | _________________ | |
| 6 | 6 | PRESENTED BY: | |
| 7 | 7 | Mathew J. Muratore | |
| 8 | 8 | _________________ | |
| 9 | 9 | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General | |
| 10 | 10 | Court assembled: | |
| 11 | 11 | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: | |
| 12 | 12 | An Act to adjust non-profit fraternal benefit societies' investment restrictions. | |
| 13 | 13 | _______________ | |
| 14 | 14 | PETITION OF: | |
| 15 | 15 | NAME:DISTRICT/ADDRESS :DATE ADDED:Mathew J. Muratore1st Plymouth1/10/2023 1 of 1 | |
| 16 | 16 | HOUSE DOCKET, NO. 244 FILED ON: 1/11/2023 | |
| 17 | 17 | HOUSE . . . . . . . . . . . . . . . No. 1100 | |
| 18 | 18 | By Representative Muratore of Plymouth, a petition (accompanied by bill, House, No. 1100) of | |
| 19 | 19 | Mathew J. Muratore relative to non-profit fraternal benefit societies' investment restrictions. | |
| 20 | 20 | Financial Services. | |
| 21 | 21 | The Commonwealth of Massachusetts | |
| 22 | 22 | _______________ | |
| 23 | 23 | In the One Hundred and Ninety-Third General Court | |
| 24 | 24 | (2023-2024) | |
| 25 | 25 | _______________ | |
| 26 | 26 | An Act to adjust non-profit fraternal benefit societies' investment restrictions. | |
| 27 | 27 | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority | |
| 28 | 28 | of the same, as follows: | |
| 29 | 29 | 1 Section 40 of chapter 176 of the General Laws, as appearing in the 2022 Official Edition, | |
| 30 | 30 | 2is hereby amended by striking out, in line 41, the words “twenty-five percent of such excess” and | |
| 31 | 31 | 3inserting in place thereof the following words:- 10 percent of assets. |