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HOUSE DOCKET, NO. 5311 FILED ON: 8/12/2024
HOUSE . . . . . . . . . . . . . . . No. 5000
OFFICE OF THE GOVERNOR
COMMONWEALTH OF MASSACHUSETTS
STATE HOUSE · BOSTON, MA 02133
(617) 725-4000
MAURA T. HEALEY
GOVERNOR
KIMBERLEY DRISCOLL
LIEUTENANT GOVERNOR
August 12, 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 sections 131 and 132 of Chapter 150 of the Acts of 2024, entitled
“An Act Relative to the Affordable Homes Act.”
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 131 and 132 of Chapter 150 of the Acts of 2024 be
issued for terms not to exceed 30 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. 5000
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 SECTION 1. Notwithstanding any general or special law to the contrary, the bonds that
2the state treasurer may issue pursuant to section 131 of chapter 150 of the acts of 2024 shall be
3issued for a term not to exceed 30 years. All such bonds shall be payable not later than June 30,
42059, as recommended by the governor in a message to the general court dated August 12, 2024
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 132 of chapter 150 of the acts of 2024 shall be
8issued for a term not to exceed 30 years. All such bonds shall be payable not later than June 30,
92059, as recommended by the governor in a message to the general court dated August 12, 2024
10under section 3 of Article LXII of the Amendments to the Constitution.