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| 2 | 2 | | HOUSE DOCKET, NO. 5320 FILED ON: 8/15/2024 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 5008 |
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| 4 | 4 | | OFFICE OF THE GOVERNOR |
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| 5 | 5 | | COMMONWEALTH OF MASSACHUSETTS |
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| 6 | 6 | | STATE HOUSE · BOSTON, MA 02133 |
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| 7 | 7 | | (617) 725-4000 |
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| 8 | 8 | | MAURA T. HEALEY |
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| 9 | 9 | | GOVERNOR |
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| 10 | 10 | | KIMBERLEY DRISCOLL |
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| 11 | 11 | | LIEUTENANT GOVERNOR |
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| 12 | 12 | | August 15, 2024 |
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| 13 | 13 | | To the Honorable Senate and House of Representatives, |
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| 14 | 14 | | I am submitting for your consideration the attached legislation recommending terms for |
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| 15 | 15 | | certain bonds authorized in sections 4 to 6, inclusive, of Chapter 139 of the Acts of 2024, entitled |
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| 16 | 16 | | “An Act to Provide for the Future Information Technology Needs of Massachusetts.” |
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| 17 | 17 | | Pursuant to Section 3 of Article LXII of the Amendments to the Constitution of the |
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| 18 | 18 | | Commonwealth of Massachusetts, I recommend that the bonds that the State Treasurer is |
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| 19 | 19 | | authorized to issue pursuant to sections 4 and 6 of Chapter 139 of the Acts of 2024 be issued for |
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| 20 | 20 | | terms not to exceed 10 years from the date of issuance thereof; provided, however, that all such |
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| 21 | 21 | | bonds shall be payable not later than June 30, 2039. Pursuant to Section 3 of Article LXII of the |
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| 22 | 22 | | Amendments to the Constitution of the Commonwealth of Massachusetts, I recommend that the |
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| 23 | 23 | | bonds that the State Treasurer is authorized to issue pursuant to section 5 of Chapter 139 of the |
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| 24 | 24 | | Acts of 2024 be issued for a term not to exceed 30 years from the date of issuance thereof; |
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| 25 | 25 | | provided, however, that all such bonds shall be payable not later than June 30, 2059. |
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| 26 | 26 | | I appreciate the Legislature’s prompt attention to enact this necessary piece of legislation |
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| 27 | 27 | | and allow important capital projects in the Commonwealth to proceed. |
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| 28 | 28 | | Respectfully submitted, |
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| 29 | 29 | | Maura T. Healey, |
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| 30 | 30 | | Governor 1 of 2 |
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| 31 | 31 | | HOUSE . . . . . . . . . . . . . . . No. 5008 |
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| 32 | 32 | | The Commonwealth of Massachusetts |
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| 33 | 33 | | _______________ |
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| 34 | 34 | | In the One Hundred and Ninety-Third General Court |
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| 35 | 35 | | (2023-2024) |
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| 36 | 36 | | _______________ |
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| 37 | 37 | | An Act providing for the terms of certain bonds to be issues by the Commonwealth. |
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| 38 | 38 | | Whereas, The deferred operation of this act would tend to defeat its purpose, which is to |
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| 39 | 39 | | provide for the terms of certain bonds to be issued by the Commonwealth, therefore it is hereby |
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| 40 | 40 | | declared to be an emergency law, necessary for the immediate preservation of the public |
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| 41 | 41 | | convenience. |
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| 42 | 42 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 43 | 43 | | of the same, as follows: |
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| 44 | 44 | | 1 SECTION 1. Notwithstanding any general or special law to the contrary, the bonds that |
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| 45 | 45 | | 2the state treasurer may issue pursuant to section 4 of chapter 139 of the acts of 2024 shall be |
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| 46 | 46 | | 3issued for a term not to exceed 10 years. All such bonds shall be payable not later than June 30, |
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| 47 | 47 | | 42039, as recommended by the governor in a message to the general court dated August 15, 2024 |
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| 48 | 48 | | 5under section 3 of Article LXII of the Amendments to the Constitution. |
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| 49 | 49 | | 6 SECTION 2. Notwithstanding any general or special law to the contrary, the bonds that |
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| 50 | 50 | | 7the state treasurer may issue pursuant to section 5 of chapter 139 of the acts of 2024 shall be |
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| 51 | 51 | | 8issued for a term not to exceed 30 years. All such bonds shall be payable not later than June 30, |
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| 52 | 52 | | 92059, as recommended by the governor in a message to the general court dated August 15, 2024 |
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| 53 | 53 | | 10under section 3 of Article LXII of the Amendments to the Constitution. 2 of 2 |
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| 54 | 54 | | 11 SECTION 3. Notwithstanding any general or special law to the contrary, the bonds that |
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| 55 | 55 | | 12the state treasurer may issue pursuant to section 6 of chapter 139 of the acts of 2024 shall be |
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| 56 | 56 | | 13issued for a term not to exceed 10 years. All such bonds shall be payable not later than June 30, |
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| 57 | 57 | | 142039, as recommended by the governor in a message to the general court dated August 15, 2024 |
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| 58 | 58 | | 15under section 3 of Article LXII of the Amendments to the Constitution. |
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