Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1. The first sentence of section 4 of chapter 605 of the acts of 1986 is hereby amended by striking out the figure "$92,350", inserted by section 1 of chapter 45 of the acts of 1999, and inserting in place thereof the following figure:- $95,115.

SECTION 2. Said first sentence of said section 4 of said chapter 605 is hereby further amended by striking out the figure "$95,115", inserted by section 1 of this act, and inserting in place thereof the following figure:- $96,070.

SECTION 3. Said first sentence of said section 4 of said chapter 605 is hereby further amended by striking out the figure "$96,070", inserted by section 2 of this act, and inserting in place thereof the following figure:- $97,992.

SECTION 4. Said first sentence of said section 4 of said chapter 605 is hereby further amended by striking out the figure "$97,992", inserted by section 3 of this act, and inserting in place thereof the following figure:- $99,462.

SECTION 5. Said first sentence of said section 4 of said chapter 605 is hereby further amended by striking out the figure "$99,462", inserted by section 4 of this act, and inserting in place thereof the following figure:- $101,452.

SECTION 6. Said first sentence of said section 4 of said chapter 605 is hereby further amended by striking out the figure "$101,452", inserted by section 5 of this act, and inserting in place thereof the following figure:- $103,500.

SECTION 7. Section 1 of this act shall take effect as of July 1, 2000. Section 2 shall take effect as of January 1, 2001. Section 3 shall take effect as of July 1, 2001. Section 4 shall take effect on January 1, 2002. Section 5 shall take effect on July 1, 2002. Section 6 shall take effect on January 1, 2003.