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2 | 2 | | SENATE DOCKET, NO. 2401 FILED ON: 1/17/2025 |
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3 | 3 | | SENATE . . . . . . . . . . . . . . No. 299 |
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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 | | Paul R. Feeney |
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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 relative to economic development and infrastructure in the Stadium Area of Route 1. |
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13 | 13 | | _______________ |
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14 | 14 | | PETITION OF: |
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15 | 15 | | NAME:DISTRICT/ADDRESS :Paul R. FeeneyBristol and Norfolk 1 of 2 |
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16 | 16 | | SENATE DOCKET, NO. 2401 FILED ON: 1/17/2025 |
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17 | 17 | | SENATE . . . . . . . . . . . . . . No. 299 |
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18 | 18 | | By Mr. Feeney, a petition (accompanied by bill, Senate, No. 299) of Paul R. Feeney for |
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19 | 19 | | legislation relative to economic development and infrastructure in the Stadium Area of Route1. |
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20 | 20 | | Economic Development and Emerging Technologies. |
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21 | 21 | | The Commonwealth of Massachusetts |
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22 | 22 | | _______________ |
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23 | 23 | | In the One Hundred and Ninety-Fourth General Court |
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24 | 24 | | (2025-2026) |
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25 | 25 | | _______________ |
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26 | 26 | | An Act relative to economic development and infrastructure in the Stadium Area of Route 1. |
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27 | 27 | | Whereas, The deferred operation of this act would tend to defeat its purpose, which is to |
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28 | 28 | | revise forthwith the parking fee requirement in the towns of Sharon, Walpole and Wrentham, |
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29 | 29 | | therefore it is hereby declared to be an emergency law, necessary for the immediate preservation |
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30 | 30 | | of the public convenience. |
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31 | 31 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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32 | 32 | | of the same, as follows: |
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33 | 33 | | 1 SECTION 1. Section 7 of chapter 16 of the acts of 1999 is hereby amended by inserting |
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34 | 34 | | 2after paragraph (1) the following paragraph:- |
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35 | 35 | | 3 (1 ½) There shall be a regional economic development fund to be known as the Route 1 |
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36 | 36 | | 4Stadium Area Economic Development and Infrastructure Fund, to be administered by the town |
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37 | 37 | | 5of Foxborough for the purposes of promoting economic development and infrastructure |
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38 | 38 | | 6improvements along the Route 1 corridor and adjacent neighborhoods in the towns of Sharon, |
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39 | 39 | | 7Walpole, Wrentham and Foxborough. There shall be credited to the fund: (i) any funds that may |
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40 | 40 | | 8be appropriated or transferred for deposit into the fund; (ii) any revenue derived from the parking |
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41 | 41 | | 9fees collected pursuant to paragraph (2); and (iii) all other amounts credited or transferred into 2 of 2 |
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42 | 42 | | 10the fund from any other source; provided, however, that amounts credited to the fund shall not be |
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43 | 43 | | 11subject to appropriation. Money remaining in the fund at the end of a fiscal year shall not revert |
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44 | 44 | | 12to the General Fund and shall be available for expenditure in subsequent fiscal years. |
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45 | 45 | | 13 SECTION 2. Paragraph (2) of said section 7 of said chapter 16 of the acts of 1999 is |
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46 | 46 | | 14hereby amended by striking out the words “returned to the commonwealth for deposit in the |
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47 | 47 | | 15general fund” and inserting in place thereof the following words:- transferred to the Route 1 |
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48 | 48 | | 16Stadium Area Economic Development and Infrastructure Fund established under paragraph |
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49 | 49 | | 17(1½). |
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50 | 50 | | 18 SECTION 3. Said paragraph (2) of said section 7 of said chapter 16 of the acts of 1999 is |
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51 | 51 | | 19hereby further amended by adding the following sentence:- Notwithstanding section 8 of this act |
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52 | 52 | | 20or any other general or special law to the contrary, the annual aggregate amount of the |
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53 | 53 | | 21administrative parking fees to be collected pursuant to this paragraph shall be reduced in |
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54 | 54 | | 22accordance with the following schedule: by 20 per cent in 2027; by 40 per cent in 2028; by 60 |
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55 | 55 | | 23per cent in 2029; by 80 per cent in 2030; and by 100 per cent in 2031. |
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