Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H3862 Latest Draft

Bill / Introduced Version Filed 05/18/2023

                            1 of 3
HOUSE .  .  .  .  .  .  . No. 3862
The Commonwealth of Massachusetts
______________________________________
                            HOUSE OF REPRESENTATIVES, May 18, 2023.                         
The committee on Ways and Means, to whom was referred the Bill 
providing for the terms of certain bonds to be issued by the Commonwealth 
(printed in House, No. 3737), reports recommending that the same ought to 
pass with an amendment substituting therefor the accompanying bill 
(House, No. 3862).
For the committee,
AARON MICHLEWITZ. 2 of 3
        FILED ON: 5/18/2023
HOUSE . . . . . . . . . . . . . . . No. 3862
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Third General Court
(2023-2024)
_______________
An Act providing for the terms of certain bonds to provide for a program of housing, community 
development, economic opportunities, support for local governments, increased innovation and 
job creation to be issued by the Commonwealth.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to 
facilitate forthwith the issuance of certain bonds to provide for a program of housing, community 
development, economic opportunities, support for local governments, increased innovation and 
job creation, 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,  3 of 3
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.
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.