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| 2 | 2 | | HOUSE DOCKET, NO. 3372 FILED ON: 1/17/2025 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 3149 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Bradley H. Jones, Jr. |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act establishing a commission to study reforms to the low-income housing tax credit |
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| 13 | 13 | | program. |
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| 14 | 14 | | _______________ |
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| 15 | 15 | | PETITION OF: |
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| 16 | 16 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Bradley H. Jones, Jr.20th Middlesex1/17/2025Kimberly N. Ferguson1st Worcester1/17/2025Paul K. Frost7th Worcester1/31/2025Todd M. Smola1st Hampden3/10/2025David F. DeCoste5th Plymouth1/28/2025Hannah Kane11th Worcester1/30/2025 1 of 2 |
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| 17 | 17 | | HOUSE DOCKET, NO. 3372 FILED ON: 1/17/2025 |
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| 18 | 18 | | HOUSE . . . . . . . . . . . . . . . No. 3149 |
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| 19 | 19 | | By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 3149) of |
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| 20 | 20 | | Bradley H. Jones, Jr. and others for an investigation and study by a special commission |
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| 21 | 21 | | (including members of the General Court) to study reforms to the low-income housing tax credit |
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| 22 | 22 | | program. Revenue. |
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| 23 | 23 | | The Commonwealth of Massachusetts |
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| 24 | 24 | | _______________ |
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| 25 | 25 | | In the One Hundred and Ninety-Fourth General Court |
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| 26 | 26 | | (2025-2026) |
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| 27 | 27 | | _______________ |
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| 28 | 28 | | An Act establishing a commission to study reforms to the low-income housing tax credit |
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| 29 | 29 | | program. |
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| 30 | 30 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 31 | 31 | | of the same, as follows: |
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| 32 | 32 | | 1 SECTION 1. Notwithstanding any general or special law to the contrary, there shall be a |
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| 33 | 33 | | 2special commission to study and recommend reforms to the Low-Income Housing Tax Credit |
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| 34 | 34 | | 3(LIHTC) program to enhance its transparency, efficiency, and impact on affordable housing in |
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| 35 | 35 | | 4the Commonwealth. |
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| 36 | 36 | | 5 SECTION 2. The commission shall investigate and document: (a) The administration and |
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| 37 | 37 | | 6allocation of LIHTC resources at the state level; (b) Strategies to streamline project |
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| 38 | 38 | | 7requirements, reduce unnecessary costs, and incentivize long-term affordability; (c) The |
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| 39 | 39 | | 8feasibility of implementing supplementary state-level tax credits, expedited permitting, and |
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| 40 | 40 | | 9incentives for mixed-use and environmentally sustainable development; (d) Best practices to |
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| 41 | 41 | | 10prioritize the preservation of existing affordable housing and align resources with local housing 2 of 2 |
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| 42 | 42 | | 11needs; and (e) Enhanced oversight mechanisms to ensure the transparent and equitable allocation |
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| 43 | 43 | | 12of credits. |
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| 44 | 44 | | 13 SECTION 3. The commission shall consist of the Secretary of Housing and Livable |
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| 45 | 45 | | 14Communities, or a designee, who shall serve as chair; 1 member of the House of Representatives |
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| 46 | 46 | | 15appointed by the Speaker of the House; 1 member of the Senate appointed by the Senate |
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| 47 | 47 | | 16President; 1 member of the House of Representatives appointed by the Minority Leader of the |
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| 48 | 48 | | 17House; 1 member of the Senate appointed by the Minority Leader of the Senate; 2 members |
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| 49 | 49 | | 18appointed by the Governor, 1 with expertise in affordable housing development and 1 with |
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| 50 | 50 | | 19expertise in tax policy; 1 representative of a nonprofit housing advocacy organization, appointed |
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| 51 | 51 | | 20by the Governor; and 1 representative of a regional planning agency, appointed by the Governor. |
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| 52 | 52 | | 21 SECTION 4. The commission shall hold no fewer than 3 public hearings to gather input |
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| 53 | 53 | | 22from stakeholders, including developers, housing advocates, municipal officials, and community |
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| 54 | 54 | | 23members. |
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| 55 | 55 | | 24 SECTION 5. The commission shall file its report, including findings and |
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| 56 | 56 | | 25recommendations, with the clerks of the House of Representatives and Senate, the Joint |
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| 57 | 57 | | 26Committee on Housing, and the Joint Committee on Revenue not later than 12 months after the |
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| 58 | 58 | | 27effective date of this act. |
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