Whereas, The deferred operation of this act would tend to defeat its purpose, which is to 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-seven, 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 notes which the state treasurer is authorized to issue under section
four of chapter one hundred and sixty-seven of the acts of nineteen hundred
and eighty-seven providing funds for a mental health capital outlay program
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-seven, as recommended by the governor in a message to the general
court dated July eighth, nineteen hundred and eighty-seven 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 five of chapter one hundred and sixty-seven of the acts of nineteen hundred and eighty-seven providing funds for a mental health capital outlay program shall be issued for terms not to exceed twenty years; provided, however, that all such bonds shall be payable not later than June thirtieth, two thousand and seventeen, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven 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 notes which the state treasurer is authorized to issue under section one hundred and twenty-six of chapter one hundred and ninety-nine of the acts of nineteen hundred and eighty-seven providing funds for a capital outlay program for the commonwealth 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-two, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven 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 sections one hundred and twenty-seven and one hundred and twenty-eight of chapter one hundred and ninety-nine of the acts of nineteen hundred and eighty-seven providing funds 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 not later than June thirtieth, two thousand and twelve, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven 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 sections one hundred and twenty-nine and one hundred and thirty of chapter one hundred and ninety-nine of the acts of nineteen hundred and eighty-seven providing funds for a capital outlay program for the commonwealth shall be issued for terms not to exceed ten years; provided, however, that all such bonds shall be payable not later than June thirtieth, two thousand and two, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven 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 one hundred and thirty-one and one hundred and thirty-two of chapter one hundred and ninety-nine of the acts of nineteen hundred and eighty-seven providing funds for a capital outlay program for the commonwealth shall be issued for terms not to exceed seven years; provided, however, that all such bonds shall be payable not later than June thirtieth, nineteen hundred and ninety-nine, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven 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 notes which the state treasurer is authorized to issue under section six of chapter two hundred and twenty-six of the acts of nineteen hundred and eighty-seven providing funds to increase the production of housing for families of low and moderate income 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, two thousand and two, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven 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 four of chapter two hundred and twenty-six of the acts of nineteen hundred and eighty-seven providing funds to increase the production of housing for families and persons of low and moderate income shall be issued for terms not to exceed twenty years; provided, however, that all such bonds shall be payable not later than June thirtieth, two thousand and twelve, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 9. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section five of chapter two hundred and twenty-six of the acts of nineteen hundred and eighty-seven providing funds to increase the production of housing for families and persons of low and moderate income shall be issued for terms not to exceed twenty years; provided, however, that all such bonds shall be payable not later than June thirtieth, two thousand and twelve, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 10. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under the provisions of section twenty-three of chapter three hundred and three of the acts of nineteen hundred and eighty-seven, making appropriations for the fiscal year ending June thirtieth, nineteen hundred and eighty-seven to provide for supplementing certain existing appropriations and for certain other activities and projects, 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-two, as recommended by the governor in a message to the general court dated July ninth, nineteen hundred and eighty-seven in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 11. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section twenty-four of chapter three hundred and three of the acts of nineteen hundred and eighty-seven, making appropriations for the fiscal year ending June thirtieth, nineteen hundred and eighty-seven to provide for supplementing certain existing appropriations and for certain activities and projects, shall be issued for terms not to exceed twenty years; provided, however, that all such bonds shall payable not later than June thirtieth, two thousand and twelve, as recommended by the governor in a message to the general court dated July ninth, nineteen hundred and eighty-seven in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 12. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section twenty-five of chapter three hundred and three of the acts of nineteen hundred and eighty-seven, making appropriations for the fiscal year ending June thirtieth, nineteen hundred and eighty-seven to provide for supplementing certain existing appropriations and for certain activities and projects shall be issued for terms not to exceed ten years; provided, however, that all such bonds shall payable not later than June thirtieth, two thousand and two, as recommended by the governor in a message to the general court dated July ninth, nineteen hundred and eighty-seven in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 13. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section twenty-six of chapter three hundred and three of the acts of nineteen hundred and eighty-seven, making appropriations for the fiscal year ending June thirtieth, nineteen hundred and eighty-seven to provide for supplementing certain existing appropriations and for certain activities and projects, shall be issued for terms not to exceed ten years; provided, however, that all such bonds shall payable not later than June thirtieth, two thousand and two, as recommended by the governor in a message to the general court dated July ninth, nineteen hundred and eighty-seven in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 14. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under the provisions of section four of chapter three hundred and four of the acts of nineteen hundred and eighty-seven providing funds for the discovery and clean-up of hazardous waste sites in the commonwealth 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-seven, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 15. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section five of chapter three hundred and four of the acts of nineteen hundred and eighty-seven providing funds for the discovery and clean-up of hazardous waste sites in the commonwealth shall be issued for terms not to exceed thirty-five years; provided, however, that all such bonds shall be payable not later than June thirtieth, two thousand and twenty-two, as recommended by the governor in a message to the general court dated July eighth, nineteen hundred and eighty-seven in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.