General Laws of Massachusetts - Chapter 40Q District Improvement Financing
- Massachusetts General Laws - Definitions - Chapter 40Q, Section 1
(a) As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings:— “Adjustment factor”, for each fiscal...
- Massachusetts General Laws - Development districts - Chapter 40Q, Section 2
(a) Notwithstanding any general or special law to the contrary, any city or town by vote of its town meeting, town council or city council...
- Massachusetts General Laws - Tax increment revenue for financing development program - Chapter 40Q, Section 3
(a) The city or town may retain all or part of the tax increment of an invested revenue district for the purpose of financing the...
- Massachusetts General Laws - Revenue bonds for financing development program - Chapter 40Q, Section 4
(a) A city or town may, by a two-thirds vote as defined in section 1 of chapter 44, authorize, issue and sell bonds including, but...
Last modified: September 11, 2015