Massachusetts 2023 2023-2024 Regular Session

Massachusetts House Bill H4774 Introduced / Bill

Filed 06/20/2024

                    HOUSE .  .  .  .  .  .  . No. 4774
The Commonwealth of Massachusetts
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                            HOUSE OF REPRESENTATIVES, June 18, 2024.                         
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. 4636), reports recommending that 
the same ought to pass with an amendment substituting therefor the 
accompanying bill (House, No. 4774).
For the committee,
AARON MICHLEWITZ. 1 of 1
        FILED ON: 6/18/2024
HOUSE . . . . . . . . . . . . . . . No. 4774
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.