Section 16. (a) At any time after imposition of the surcharge, the legislative body may approve and the voters may accept an amendment to the amount and computation of the surcharge, or to the amount of exemption or exemptions, in the same manner and within the limitations set forth in this chapter, including reducing the surcharge to 1 per cent and committing additional municipal funds pursuant to subsection (b.5) of section 3.
(b) At any time after the expiration of five years after the date on which sections 3 to 7, inclusive, have been accepted in a city or town, said sections may be revoked in the same manner as they were accepted by such city or town, but the surcharge imposed under section 3 shall remain in effect in any such city or town, with respect to unpaid taxes on past transactions and with respect to taxes due on future transactions, until all contractual obligations incurred by the city or town prior to such termination shall have been fully discharged.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title VII - Cities, Towns and Districts
Chapter 44b - Community Preservation
Section 3 - Acceptance of Secs. 3 to 7
Section 4 - Surcharge on Real Property; Collection
Section 5 - Community Preservation Committee; Members; Recommendations; Acquisition of Land
Section 6 - Annual Revenues; Open Space, Historic Resources and Community Housing
Section 7 - Community Preservation Fund
Section 8 - Surcharges; Fees of Registers of Deeds; Fees of Assistant Recorder
Section 9 - Massachusetts Community Preservation Trust Fund
Section 10 - Annual Distributions of Monies in Trust Fund
Section 11 - General Obligation Bonds or Notes
Section 12 - Real Property Interest; Permanent Restriction; Management
Section 15 - Tort Liability for Destruction of Real Property Purchased With Funds From Chapter
Section 16 - Amendments to Amount and Computation of Surcharge; Revocation of Secs. 3 to 7