An Act relative to the Community Preservation Trust Fund

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 relative to the Community Preservation Trust Fund

An Act relative to the Community Preservation Trust Fund By Representative Jones of North Reading, a petition (accompanied by bill, House, No.

What This Bill Does

• An Act relative to the Community Preservation Trust Fund By Representative Jones of North Reading, a petition (accompanied by bill, House, No.
• 488) of Bradley H.
• Jones, Jr., and others relative to the Community Preservation Trust Fund.
• Economic Development and Emerging Technologies.

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.

Official Summary Text

An Act relative to the Community Preservation Trust Fund
By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 488) of Bradley H. Jones, Jr., and others relative to the Community Preservation Trust Fund. Economic Development and Emerging Technologies.

Current Bill Text

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Bill H.488

SECTION 1. Section 55 of chapter 23K of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by striking out, in subsection (c), the phrase “9 per cent” and replacing it with the following :- 4.5 per cent

SECTION 2. Section 55 of said chapter 23K of the General Laws, as so appearing, is hereby further amended by adding, at the end of subsection (c), after the phrase “section 60” the following: - and 4.5 percent of its daily gross gaming revenue to the Community Preservation Trust Fund

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