Session Laws

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to immediately facilitate the issuance of bonds and notes to carry out the purposes of various acts passed during the regular annual legislative session of the year nineteen hundred and eighty-four, 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:

SECTION 1. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section eleven A? of chapter seven hundred and twenty-three of the acts of nineteen hundred and eighty-three providing funds for the acquisition of word and data processing equipment shall be issued for terms not to exceed five years; provided, however, that all such bonds shall be payable by June thirtieth, nineteen hundred and ninety-four, as recommended by the governor in a message to the general court dated March twenty-ninth, nineteen hundred and eighty-five in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 2. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section eleven U, eleven V and eleven W of chapter seven hundred and twenty-three of the acts of nineteen hundred and eighty-three providing for a capital outlay program for the commonwealth shall be issued for terms not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and eight, as recommended by the governor in a message to the general court dated March twenty-ninth, nineteen hundred and eighty-five in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 3. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section thirty-three of chapter two hundred and thirty-three of the acts of nineteen hundred and eighty-four providing funds to certain cities and towns for the purpose of improving water delivery systems and studying soil erosion shall be issued for terms not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and nine, as recommended by the governor in a message to the general court dated March twenty-ninth, nineteen hundred and eighty-five in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 4. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under paragraph (f) of section five of chapter three hundred and seventy-two of the acts of nineteen hundred and eighty-four providing funds for the payment of notes issued by the Massachusetts Water Resources Authority and guaranteed by the commonwealth shall be issued for terms not to exceed twenty years, and the temporary notes which the state treasurer is authorized to issue under said paragraph (f) of said section five in anticipation of the receipt of proceeds of such bonds shall be issued and may be renewed one or more times for terms not exceeding three years and the final maturities of such notes, whether original or renewal, shall not be later than three years after the date that the original notes were issued, as recommended by the governor in a message to the general court dated March twenty-ninth, nineteen hundred and eighty-five in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 5. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under paragraph (g) of section five of chapter three hundred and seventy-two of the acts of nineteen hundred and eighty-four providing funds for a loan to the Massachusetts Water Resources Authority shall be issued and may be renewed one or more times for terms not exceeding one and one-half years, as recommended by the governor in a message to the general court dated March twenty-ninth, nineteen hundred and eighty-five in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 6. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section three of chapter four hundred and thirty-one of the acts of nineteen hundred and eighty-four providing funds for the restoration of public services destroyed by fire in the cities of Beverly and Peabody shall be issued for terms not to exceed ten years; provided, however, that all such bonds shall be payable by June thirtieth, nineteen hundred and ninety-nine, and the notes which the state treasurer is authorized to issue under section two of said act shall be issued and may be renewed one or more times for terms not to exceed one year and the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-four, as recommended by the governor in a message to the general court dated March twenty-ninth, nineteen hundred and eighty-five in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 7. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section four of chapter four hundred and thirty-five of the acts of nineteen hundred and eighty-four providing funds for infrastructure repairs and the restoration of public services destroyed or damaged by civil disturbances in the city of Lawrence and for the improvement of housing conditions in said city shall be issued for terms not to exceed ten years; provided, however, that all such bonds shall be payable by June thirtieth, nineteen hundred and ninety-nine, and the notes which the state treasurer is authorized to issue under section three of said act shall be issued and may be renewed one or more times for terms not exceeding one year and the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-four, as recommended by the governor in a message to the general court dated March twenty-ninth, nineteen hundred and eighty-five in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 8. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section three of chapter four hundred and sixty-six of the acts of nineteen hundred and eighty-four providing funds for the Massachusetts advanced materials characterization and applications center shall be issued for terms not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and nine, as recommended by the governor in a message to the general `t+99 court dated March twenty-ninth, nineteen hundred and eighty-five in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.