Session Laws

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Section 4 of chapter 40 of the General Laws is hereby amended by striking out the paragraph inserted by section 5 of chapter 796 of the acts of 1979 and inserting in place thereof the following paragraph:-

For the leasing, leasing with the option to purchase or installment purchase of energy conservation equipment, including but not limited to boilers, furnaces, hot water and space heating equipment, for a period up to ten years, by a majority vote as defined in section one of chapter forty-four, and such leasing, leasing with the option to purchase or installment purchase, shall not be subject to debt limits, or for the purchase of energy management services for a period up to ten years. For the purpose of this clause energy management services shall include but not be limited to, energy audits, energy conservation measures, and energy conservation projects as defined by section three of chapter twenty-five A, as well as building maintenance and financing services designed to decrease the cost of energy in operating said building or buildings.