Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H5008 Latest Draft

Bill / Introduced Version Filed 08/16/2024

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HOUSE DOCKET, NO. 5320       FILED ON: 8/15/2024
HOUSE . . . . . . . . . . . . . . . No. 5008
OFFICE OF THE GOVERNOR
COMMONWEALTH 	OF MASSACHUSETTS
STATE HOUSE · BOSTON, MA 02133
(617) 725-4000
MAURA T. HEALEY
GOVERNOR
KIMBERLEY DRISCOLL
LIEUTENANT GOVERNOR
August 15, 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 4 to 6, inclusive, of Chapter 139 of the Acts of 2024, entitled 
“An Act to Provide for the Future Information Technology Needs of Massachusetts.” 
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 4 and 6 of Chapter 139 of the Acts of 2024 be issued for 
terms not to exceed 10 years from the date of issuance thereof; provided, however, that all such 
bonds shall be payable not later than June 30, 2039. 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 5 of Chapter 139 of the 
Acts of 2024 be issued for a term 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 2
HOUSE . . . . . . . . . . . . . . . No. 5008
The Commonwealth of Massachusetts
_______________
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 issues 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 4 of chapter 139 of the acts of 2024 shall be 
3issued for a term not to exceed 10 years. All such bonds shall be payable not later than June 30, 
42039, as recommended by the governor in a message to the general court dated August 15, 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 5 of chapter 139 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 15, 2024 
10under section 3 of Article LXII of the Amendments to the Constitution.  2 of 2
11 SECTION 3. Notwithstanding any general or special law to the contrary, the bonds that 
12the state treasurer may issue pursuant to section 6 of chapter 139 of the acts of 2024 shall be 
13issued for a term not to exceed 10 years. All such bonds shall be payable not later than June 30, 
142039, as recommended by the governor in a message to the general court dated August 15, 2024 
15under section 3 of Article LXII of the Amendments to the Constitution.