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H4139 • 2025

An Act authorizing the town of Wellesley to dissolve its Housing Development Corporation

An Act authorizing the town of Wellesley to dissolve its Housing Development Corporation

Housing
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Peisch, Alice Hanlon
Last action
2025-09-05
Official status
Signed by the Governor, Chapter 24 of the Acts of 2025
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act authorizing the town of Wellesley to dissolve its Housing Development Corporation

An Act authorizing the town of Wellesley to dissolve its Housing Development Corporation By Representative Peisch of Wellesley and Senator Creem, a joint petition (accompanied by bill, House, No.

What This Bill Does

  • An Act authorizing the town of Wellesley to dissolve its Housing Development Corporation By Representative Peisch of Wellesley and Senator Creem, a joint petition (accompanied by bill, House, No.
  • 4139) of Alice Hanlon Peisch (by vote of the town) that the town of Wellesley be authorized to dissolve the housing development corporation of said town.
  • Municipalities and Regional Government.
  • [Local Approval Received.]

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-09-05 Executive

    Signed by the Governor, Chapter 24 of the Acts of 2025

  2. 2025-08-28 House

    Enacted

  3. 2025-08-28 Senate

    Enacted and laid before the Governor

  4. 2025-08-25 Senate

    Taken out of the Orders of the Day

  5. 2025-08-25 Senate

    Read second, ordered to a third reading, read third (title changed) and passed to be engrossed

  6. 2025-08-07 Senate

    Read; and placed in the Orders of the Day for the next session

  7. 2025-08-04 House

    Read third and passed to be engrossed

  8. 2025-07-23 House

    Committee reported that the matter be placed in the Orders of the Day for the next sitting

  9. 2025-07-23 House

    Rules suspended

  10. 2025-07-23 House

    Read second and ordered to a third reading

  11. 2025-07-14 House

    Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling

  12. 2025-06-03 Joint

    Hearing scheduled for 06/10/2025 from 01:00 PM-05:00 PM in B-1

  13. 2025-05-15 Senate

    Senate concurred

  14. 2025-05-12 House

    Referred to the committee on Municipalities and Regional Government

Official Summary Text

An Act authorizing the town of Wellesley to dissolve its Housing Development Corporation
By Representative Peisch of Wellesley and Senator Creem, a joint petition (accompanied by bill, House, No. 4139) of Alice Hanlon Peisch (by vote of the town) that the town of Wellesley be authorized to dissolve the housing development corporation of said town. Municipalities and Regional Government. [Local Approval Received.]

Current Bill Text

Read the full stored bill text
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Bill H.4139

SECTION 1. Notwithstanding section 5 of chapter 311 of the acts of 1998, or any other general or special law, all property and funds held by the Housing Development Corporation of the town of Wellesley established under said act of 1998 are hereby transferred to the Municipal Affordable Housing Trust Fund of the town of Wellesley established pursuant to section 55C of chapter 44 of the General Laws and shall be managed, disposed of or expended in accordance with said section 55C of said chapter 44 and any applicable by-law of the town of Wellesley.

SECTION 2. Chapter 311 of the acts of 1998 is hereby repealed.

SECTION 3. This act shall take effect upon the posting or publication by the town clerk in accordance with section 32 of chapter 40 of the General Laws of an amendment to the general by-laws of the town of Wellesley establishing an affordable housing trust in the town pursuant to said section 55C of said chapter 44.

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