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HOUSE DOCKET, NO. 5099 FILED ON: 5/9/2024
HOUSE . . . . . . . . . . . . . . . No. 4636
OFFICE OF THE GOVERNOR
COMMONWEALTH OF MASSACHUSETTS
STATE HOUSE · BOSTON, MA 02133
(617) 725-4000
MAURA T. HEALEY
GOVERNOR
KIMBERLEY DRISCOLL
LIEUTENANT GOVERNOR
May 9, 2024
To the Honorable Senate and House of Representatives,
I am submitting for your consideration the attached legislation recommending terms for
certain bonds authorized in section 11 of Chapter 89 of the Acts of 2024, entitled “An Act
financing improvements to municipal roads and bridges”
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 section 11 of Chapter 89 of the Acts of 2024 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, 2059.
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 1
HOUSE . . . . . . . . . . . . . . . No. 4636
The Commonwealth of Massachusetts
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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 Notwithstanding any general or special law to the contrary, the bonds that the state
2treasurer may issue pursuant to section 11 of Chapter 89 of the Acts of 2024 shall be issued for a
3term not to exceed 30 years. All such bonds shall be payable not later than June 30, 2059, as
4recommended by the governor in a message to the general court dated May 9, 2024 under section
53 of Article LXII of the Amendments to the Constitution.