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SENATE DOCKET, NO. 2249 FILED ON: 1/20/2023
SENATE . . . . . . . . . . . . . . No. 1779
The Commonwealth of Massachusetts
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PRESENTED BY:
John J. Cronin
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to the housing development incentive program.
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PETITION OF:
NAME:DISTRICT/ADDRESS :John J. CroninWorcester and MiddlesexMichael D. BradySecond Plymouth and Norfolk1/26/2023John F. KeenanNorfolk and Plymouth2/10/2023 1 of 2
SENATE DOCKET, NO. 2249 FILED ON: 1/20/2023
SENATE . . . . . . . . . . . . . . No. 1779
By Mr. Cronin, a petition (accompanied by bill, Senate, No. 1779) of John J. Cronin, Michael D.
Brady and John F. Keenan for legislation relative to the housing development incentive program.
Revenue.
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act relative to the housing development incentive program.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 SECTION 1. Section 6 of chapter 62 of the General Laws, as appearing in the 2020
2Official Edition, is hereby amended by striking out, in lines 896 to 898, inclusive, the words
3“The total amount of credits that may be authorized by DHCD in a calendar year pursuant to this
4subsection and section 38BB of chapter 63 shall not exceed $10,000,000 and” and inserting in
5place thereof the following words:
6 DHCD may authorize up to $57,000,000 in credits during fiscal year 2024 and up to
7$30,000,000 in credits annually thereafter under this subsection and section 38BB of chapter 63.
8In addition, DHCD may authorize annually: (i) any portion of the annual cap on credits not
9authorized by DHCD in the preceding calendar years under this subsection or said section 38BB
10of said chapter 63; and (ii) any credits under this subsection or said section 38BB of said chapter
1163 returned to DHCD by a certified housing development project. 2 of 2
12 SECTION 2. Section 38BB of chapter 63, as so appearing, is hereby amended by striking
13out, in lines 42 to 44, inclusive, the words “The total amount of credits that may be authorized by
14DHCD in a calendar year under this section and subsection (q) of section (6) of chapter 62 shall
15not exceed $10,000,000 and” and inserting in place thereof the following words:
16 DHCD may authorize up to $57,000,000 in credits during fiscal year 2024 and up to
17$30,000,000 in credits annually thereafter under this section and subsection (q) of section (6) of
18chapter 62. In addition, DHCD may authorize annually: (i) any portion of the annual cap on
19credits not authorized by DHCD in the preceding calendar years under this section or said
20subsection (q) of said section (6) of said chapter 62; and (ii) any credits under this section or said
21subsection (q) of said section (6) of said chapter 62 returned to DHCD by a certified housing
22development project.
23 SECTION 3. Paragraph (8) of subsection (l) of section 6 of chapter 62, as so appearing, is
24hereby amended by striking out, in line 596, the figure “$2,000,000” and inserting in place
25thereof the following figure:- “$5,000,000”.
26 SECTION 4. Paragraph (9) of subsection (p) of section 6 of chapter 62, as so appearing
27in the 2020 official edition, is hereby amended by striking out, in line 835, the figure
28“$2,000,000” and inserting in place thereof the following figure:- “$5,000,000”.
29 SECTION 5. Subparagraph (iii), paragraph (2) of subsection (w) of section 6 of chapter
3062, as so appearing, in line 1256, is hereby amended by striking out the figure “$2,000,000” and
31inserting in place thereof the following figure:- “$5,000,000”.