Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:
Notwithstanding clause Forty-first A of section 5 of chapter 59 of the General Laws in the town of Princeton, the interest on tax deferral agreements entered into under said clause Forty-first A shall be set annually by the board of selectmen; but it shall not exceed 8 per cent per annum. The board of selectmen shall set the rate on or before July 15 of each year.
Approved June 28, 2006.