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Bill to let towns opt into CPACER outside town meeting wins support from BFA and municipal association
Commerce · January 21, 2026
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Summary
SB 440 would allow municipalities to adopt CPACER through a select-board process instead of only at annual town meeting, clarifying opt-in/opt-out rules and notice requirements; Business Finance Authority and Municipal Association backed the amendment as a fix to implement last session's law.
Senate Bill 440, with a replace-all amendment, would allow municipalities to opt into CPACER (a commercial/property tax-based financing tool) through a select-board or council process rather than waiting for annual town meeting. Senator…
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