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-five, 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 sections three and six of chapter six hundred and fourteen of the acts of nineteen hundred and eighty-five providing financial assistance for the removal, containment or encapsulation of asbestos in schools 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 ten, and the notes which the state treasurer is authorized to issue under sections two and five 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, as recommended by the governor in a message to the general court dated January sixteenth, nineteen hundred and eighty-six 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 nine of chapter six hundred and seventy-six of the acts of nineteen hundred and eighty-five providing funds for the acquisition of land and development of a regional economic and recreational facility area in Berkshire county 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 ten, and the notes which the state treasurer is authorized to issue under section nine 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-six, as recommended by the governor in a message to the general court dated January sixteenth, nineteen hundred and eighty-six 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 sections eight, nine, ten, eleven, twelve and thirteen of chapter seven hundred and forty-eight of the acts of nineteen hundred and eighty-five providing funds for increased housing units in 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 ten, and the notes which the state treasurer is authorized to issue under section fourteen 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-eight, as recommended by the governor in a message to the general court dated January sixteenth, nineteen hundred and eighty-six 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 section three of chapter seven hundred and eighty-five of the acts of nineteen hundred and eighty-five providing funds for improvements in lock-up facilities in the commonwealth shall be issued for terms not to exceed seven years; provided, however, that all such bonds shall be payable by June thirtieth, nineteen hundred and ninety-five, and the notes which the state treasurer is authorized to issue under section four 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-five, as recommended by the governor in a message to the general court dated January sixteenth, nineteen hundred and eighty-six 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 bonds which the state treasurer is authorized to issue under section eight of chapter seven hundred and eighty-six of the acts of nineteen hundred and eighty-five providing funds for water pollution control and water supply conservation 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 ten, and the notes which the state treasurer is authorized to issue under section seven of said act shall be issued and may be renewed one or more times for terms not exceeding one year and the final maturity of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five, as recommended by the governor in a message to the general court dated January sixteenth, nineteen hundred and eighty-six 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 sections twelve A, thirteen and fifteen of chapter seven hundred and ninety-nine of the acts of nineteen hundred and eighty-five providing funds for a program of improvement of jails, houses of correction and correctional institutions in 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 ten, the bonds which the state treasurer is authorized to issue under sections fourteen and sixteen of said act shall be issued for terms not to exceed ten years; and provided, further, that all such bonds shall be payable by June thirtieth, two thousand, and the notes which the state treasurer is authorized to issue under section seventeen 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-six, as recommended by the governor in a message to the general court dated January sixteenth, nineteen hundred and eighty-six 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 sections nine, sixteen A, nineteen and twenty-three A of chapter eight hundred and eleven of the acts of nineteen hundred and eighty-five providing funds for an accelerated transportation development and improvement 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 ten, the bonds which the state treasurer is authorized to issue under section twelve of said act shall be issued for terms not to exceed five years; provided, further, that all such bonds shall be payable by June thirtieth, nineteen hundred and ninety-three, the bonds which the state treasurer is authorized to issue under section fifteen of said act shall be issued for terms not to exceed ten years; provided, further, that all such bonds shall be payable by June thirtieth, nineteen hundred and ninety-eight, the bonds which the state treasurer is authorized to issue under section twenty-five of said act shall be issued for terms not to exceed ten years; and provided, further, that all such bonds shall be payable by June thirtieth, nineteen hundred and ninety-six, and the notes which the state treasurer is authorized to issue under section ten 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-eight, as recommended by the governor in a message to the general court dated January sixteenth, nineteen hundred and eighty-six in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.