Category: In the News

Rep. Stanley testified at the Joint Committee on Revenue hearing in support of a Lincoln Affordable Accessory Dwelling Home Rule Petition. This legislation (H.2645), sponsored by Rep. Stanley, seeks to increase the town’s affordable housing stock by incentivizing owners of accessory apartments to rent their apartments as affordable units. The bill represents an innovative effort made by the Town of […]

Rep. Stanley testified on behalf of legislation he filed (House Bill 1113) to establish a framework for qualifying public depositories in addition to instituting rules for determining the collateral for public deposits. Massachusetts is one of several states that do not require banks holding public deposits from cities, towns and districts to secure them with acceptable capital. Local municipalities need […]

Governor Baker signed Rep. Stanley’s legislation (formerly House Bill 1114) that licenses Appraisal Management Companies (AMCs) into law. The new law (Chapter 43 of the Acts of 2019) is supported by the MBREA (the Association for Valuation Professionals), appraisal management companies, mortgage industry professionals, and real estate appraisers. In 2010, the Dodd-Frank Wall Street Reform Act was signed into law. […]

The City of Waltham received $300,000 in MassTrails grant funds for design, engineering and permitting of the Waltham Wayside Trail project, a 2.74 mile paved shared-use path connecting with the existing trail at Edge Hill Road and extending East to Beaver Street. The project includes seven roadway treatments, the reuse/restoration of two bridges (Linden Street Bridge & Timber Trestle Bridge) […]

The City of Waltham received $300,000 in MassTrails Grants from the Commonwealth of Massachusetts Conservation and Recreation Department for design/engineering/permitting of the Waltham Wayside Rail Trail. The Waltham Wayside Trail project proposes to build a 2.74 mile paved shared-use path connecting with the existing trail at Edge Hill Road and extending East to Beaver Street. The project includes (7) roadway […]

The Massachusetts House of Representatives passed important consumer protection legislation filed by Rep. Stanley to regulate Appraisal Management Companies (AMCs), bringing MA into compliance with the Dodd-Frank Act. This bill (H.3904) needs to be signed into law before August 10th in order to prevent disruptions to home purchases and refinances as AMCs would no longer be able to operate in […]

At a Financial Services hearing, Rep. Stanley urged passage of legislation filed by Rep. Balser, Sen. Friedman and himself that would require commercial insurers to cover behavioral health emergency services provided by Emergency Service Providers (ESP). House Bill H.909 requires health care coverage for the emergency psychiatric services. By requiring all commercial insurers doing business in Massachusetts to provide and […]

(Boston, MA) – The Financial Services Committee reported Rep. Stanley’s legislation (House Bill 1114) to license Appraisal Management Companies (AMCs) favorably out of committee. The MBREA (the Association for Valuation Professionals), appraisal management companies, the mortgage industry and real estate appraisers all support this legislation. In 2010, the Dodd-Frank Wall Street reform Act was signed into law. Under the provisions […]