1 of 1 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) _______________ 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.