Massachusetts 2023 2023-2024 Regular Session

Massachusetts House Bill H3737 Introduced / Bill

Filed 04/06/2023

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HOUSE DOCKET, NO. 4256       FILED ON: 4/5/2023
HOUSE . . . . . . . . . . . . . . . No. 3737
OFFICE OF THE GOVERNOR
COMMONWEALTH 	OF MASSACHUSETTS
STATE HOUSE · , MA 
(617) 725-4000
MAURA T. HEALEY
GOVERNOR
KIMBERLY DRISCOLL
LIEUTENANT GOVERNOR
April 5, 2023
To the Honorable Senate and House of Representatives,
I am submitting for your consideration the attached legislation recommending terms for 
certain bonds authorized in sections 77 to 79, inclusive, of Chapter 2 of the Acts of 2023, entitled 
“An Act Making Appropriations for the Fiscal Year 2023 to Provide for Supplementing Certain 
Existing Appropriations and for Certain Other Activities and Projects.”
Pursuant to Section 3 of Article LXII of the Amendments to the Constitution of the 
Commonwealth of Massachusetts, I recommend that the bonds that the State Treasurer is 
authorized to issue pursuant to sections 77, 78, and 79 of Chapter 2 of the Acts of 2023 be issued 
for terms not to exceed thirty years from the date of issuance thereof; provided, however, that all 
such bonds shall be payable not later than June 30, 2058.
I appreciate the Legislature’s prompt attention to enact this necessary piece of legislation 
and allow important capital projects in the Commonwealth to proceed.
Respectfully submitted,
Maura T. Healey,
Governor 1 of 2
HOUSE . . . . . . . . . . . . . . . No. 3737
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act providing for the terms of certain bonds to be issued by the Commonwealth.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to 
provide for the terms of certain bonds to be issued by the Commonwealth, therefore it is hereby 
declared to be an emergency law, necessary for the immediate preservation of the public 
convenience.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority 
of the same, as follows:
1 SECTION 1. Notwithstanding any general or special law to the contrary, the bonds that 
2the state treasurer may issue pursuant to section 77 of chapter 2 of the acts of 2023 shall be 
3issued for a term not to exceed 30 years. All such bonds shall be payable not later than June 30, 
42058, as recommended by the governor in a message to the general court dated April 5, 2023 
5under section 3 of Article LXII of the Amendments to the Constitution.
6 SECTION 2. Notwithstanding any general or special law to the contrary, the bonds that 
7the state treasurer may issue pursuant to section 78 of chapter 2 of the acts of 2023 shall be 
8issued for a term not to exceed 30 years. All such bonds shall be payable not later than June 30, 
92058, as recommended by the governor in a message to the general court dated April 5, 2023 
10under section 3 of Article LXII of the Amendments to the Constitution. 2 of 2
11 SECTION 3. Notwithstanding any general or special law to the contrary, the bonds that 
12the state treasurer may issue pursuant to section 79 of chapter 2 of the acts of 2023 shall be 
13issued for a term not to exceed 30 years. All such bonds shall be payable not later than June 30, 
142058, as recommended by the governor in a message to the general court dated April 5, 2023 
15under section 3 of Article LXII of the Amendments to the Constitution.