Chap. 621.    An Act eelative to extensions of time for filing
CORPORATION  EXCISE  RETURNS.
Be it enacted, etc., as follows:
Section 1. Section 68B of chapter 63 of the General Laws, inserted by section 1 of chapter 283 of the acts of 1961, is hereby amended by adding the following paragraph: —•
If the corporation does not pay at least eighty per cent of the tax shown on the return for the taxable year on or before the date prescribed by this chapter for payment of the tax, an3r extension of time for filing a return granted hereunder shall be null and void, and the return filed hereunder shall be considered a late return and the penalty provision contained in section thirty-one A of chapter fifty-eight shall be applicable to said return.
Section 2. This act shall apply to applications for extension of time filed on and after its effective date.              Approved August 6, 1969.