Session Laws

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. To meet a portion of the expenditures necessary in carrying out the provisions of section one of chapter six hundred and seventy-nine of the acts of nineteen hundred and sixty-five, section one of chapter six hundred and sixteen of the acts of nineteen hundred and sixty-seven, section one of chapter seven hundred and sixty-eight of the acts of nineteen hundred and sixty-nine, section one of chapter seven hundred and sixty-five of the acts of nineteen hundred and seventy-two, section six of chapter eight hundred and fifty-nine of the acts of nineteen hundred and seventy-five, sections one and one A of chapter three hundred and fifty-six of the acts of nineteen hundred and seventy-seven, sections one and two of chapter four hundred and eighty of the acts of nineteen hundred and seventy-nine, sections fifteen and sixteen of chapter seven hundred and thirty-two of the acts of nineteen hundred and eighty-one, section one of chapter three hundred and thirty-five of the acts of nineteen hundred and eighty-two, sections one and two of chapter six hundred and thirty-seven of the acts of nineteen hundred and eighty-three, sections one and two of chapter eight hundred and eleven of the acts of nineteen hundred and eighty-five, and sections one and two of chapter fifteen of the acts of nineteen hundred and eighty-eight, the state treasurer shall, upon request of the governor, issue and sell bonds of the commonwealth in an amount to be specified by the governor from time to time, but not exceeding in the aggregate, the sum of one hundred seventy-nine million dollars to be in addition to those bonds previously authorized for projects and programs pursuant to the provisions of any of the acts of the commonwealth set forth in this section and in addition to those bonds previously authorized for projects and programs pursuant to the provisions of chapter thirty-three of the acts of nineteen hundred and ninety-one.

All bonds issued by the commonwealth as aforesaid shall be designated on their face, Highway Improvement Loan, Act of 1991, and shall be issued for such maximum term of years, not exceeding thirty years, as the governor may recommend to the general court pursuant to Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth; provided, however, that all such bonds shall be payable not later than June thirtieth, two thousand and twenty-six. All interest and payments on account of principal of such obligations shall be payable from the Highway Fund. Bonds and interest thereon issued under the authority of this section shall be general obligations of the commonwealth; provided, however, that any bonds issued by the state treasurer pursuant to this section may be issued as special obligations pursuant to section two O of chapter twenty-nine of the General Laws, provided, further, that in deciding whether to issue bonds as special obligations the treasurer shall take into account (i) generally prevailing financial market conditions, (ii) the impact of each approach on the overall capital financing plans and needs of the commonwealth, (iii) any ratings assigned to outstanding bonds of the commonwealth and any ratings expected to be assigned by any nationally recognized credit rating agency to the bonds proposed to be issued, and (iv) any applicable provisions of a trust agreement or credit enhancement agreement entered into pursuant to said section two O; provided, further, that the aggregate amount of special obligation bonds and general obligation bonds issued pursuant to this section shall not exceed one hundred seventy-nine million dollars. Bonds issued pursuant to this section shall be included in the computation of outstanding bonds for purposes of the limit imposed by the second paragraph of section sixty A of said chapter twenty-nine, and debt service with respect to such bonds shall be included in any computation of the limit imposed by section sixty B of said chapter twenty-nine.

The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by this section and may issue and renew from time to time notes of the commonwealth therefor bearing interest payable at such time or times and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, two thousand and one.

Notes and interest thereon issued under the authority of this section shall be general obligations of the commonwealth; provided however, that the state treasurer may determine to issue any notes as special obligations pursuant to section two O of chapter twenty-nine of the General Laws if the notes, or renewals thereof, are to be paid from the proceeds of special obligation bonds to be issued pursuant to said section two O. All payments on account of principal on the notes allocable to the Federal Highway Construction Program Fund shall be repaid from said fund.

SECTION 2. To defray the cost of charges made by the comptroller against certain capital funds in carrying out the provisions of section five D of chapter twenty-nine of the General Laws and to eliminate the deficit balances in such funds, including without limitation the General Capital Fund, the Highway Capital Fund, the Lockup Capital Fund, the Suffolk Jail Capital Fund, the County Correctional Capital Fund, the Environmental Challenge Fund, the Intercity Bus Capital Fund and the Metropolitan Parks Capital Fund, the state treasurer shall, upon request of the governor, issue and sell bonds of the commonwealth in an amount to be specified by the governor from time to time, but not exceeding in the aggregate the sum of fifteen million dollars, to be in addition to bonds previously authorized to finance projects and programs associated with such capital funds.

All bonds issued by the commonwealth as aforesaid shall be issued for such maximum term of years, not exceeding twenty years, as the governor may recommend to the general court pursuant to Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth; provided, however, that all such bonds shall be payable not later than June thirtieth, two thousand and sixteen. Bonds and interest thereon issued under the authority of this section shall be general obligations of the commonwealth.

The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by this section and may issue and renew from time to time notes of the commonwealth therefor bearing interest payable at such time or times and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall be general obligations of the commonwealth.

SECTION 3. Section 8 of chapter 669 of the acts of 1960 is hereby amended by striking out, in lines 21 and 22, the words "nineteen hundred and seventy-five" and inserting in place thereof the words:- two thousand.

SECTION 4. Section 3 of chapter 520 of the acts of 1961 is hereby amended by striking out, in line 20, the words "nineteen hundred and eighty-six" and inserting in place thereof the words:- two thousand and ten.

SECTION 5. Said chapter 520 is hereby further amended by inserting after section 3 the following section:-

Section 3A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 6. Section 10 of chapter 571 of the acts of 1962 is hereby amended by striking out, in lines 21 and 22, the words "nineteen hundred and seventy-seven" and inserting in place thereof the words:- two thousand.

SECTION 7. Said chapter 571 is hereby further amended by inserting after section 10 the following section:-

Section 10A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 8. Section 3 of chapter 507 of the acts of 1964 is hereby amended by striking out, in lines 20 and 21, the words "nineteen hundred and eighty-seven" and inserting in place thereof the words:- two thousand and ten.

SECTION 9. Said chapter 507 is hereby further amended by inserting after section 3 the following section:-

Section 3A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 10. Section 7 of chapter 846 of the acts of 1965 is hereby amended by striking out, in line 12, the words "nineteen hundred and sixty-eight" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 11. Section 3 of chapter 687 of the acts of 1966 is hereby amended by striking out, in lines 12 and 13, the words "nineteen hundred and seventy-five" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 12. Section 7 of chapter 682 of the acts of 1967 is hereby amended by striking out, in lines 14 and 15, the words "nineteen hundred and seventy-three" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 13. Chapter 786 of the acts of 1967 is hereby amended by inserting after section 3 the following section:-

Section 3>. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 14. Said chapter 786 is hereby further amended by inserting after section 3A the following section:-

Section 3A>. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one A of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 15. Section 4 of chapter 266 of the acts of 1968 is hereby amended by striking out, in line 12, the words "nineteen hundred and seventy-four" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 16. Section 7 of chapter 476 of the acts of 1968 is hereby amended by striking out, in line 12, the words "nineteen hundred and seventy-four" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 17. Chapter 608 of the acts of 1968 is hereby amended by inserting after section 2 the following section:-

Section 2A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 18. Section 6 of chapter 634 of the acts of 1968 is hereby amended by striking out, in line 21, the words "nineteen hundred and eighty-three" and inserting in place thereof the words:- two thousand.

SECTION 19. Said chapter 634 is hereby further amended by inserting after section 6 the following section:-

Section 6A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments for the commonwealth's share of the cost of the project authorized by sections one and two of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 20. The second paragraph of section 5 of chapter 651 of the acts of 1968 is hereby amended by striking out, in lines 14 and 15, the words "nineteen hundred and eighty-three" and inserting in place thereof the words:- two thousand.

SECTION 21. Said chapter 651 is hereby further amended by inserting after section 5 the following section:-

Section 5A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments for the commonwealth's share of the cost of the project authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 22. The second paragraph of section 1 of chapter 678 of the acts of 1968 is hereby amended by striking out, in line 20, the words "nineteen hundred and eighty-three" and inserting in place thereof the words:- two thousand.

SECTION 23. Said chapter 678 is hereby further amended by inserting after section 1 the following section:-

Section 1A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 24. Chapter 834 of the acts of 1969 is hereby amended by inserting after section 2A the following section:-

Section 2B. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section two A of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 25. Section 6 of chapter 906 of the acts of 1969 is hereby amended by striking out, in line 20, the words "nineteen hundred and eighty-five" and inserting in place thereof the words:- two thousand.

SECTION 26. Said chapter 906 is hereby further amended by inserting after section 6 the following section:-

Section 6A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 27. The second sentence of section 3 of chapter 694 of the acts of 1970, as most recently amended by section 2 of chapter 477 of the acts of 1976, is hereby further amended by striking out, in line 7, the words "nineteen hundred and eighty-two" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 28. Chapter 725 of the acts of 1970 is hereby amended by inserting after section 3 the following section:-

Section 3A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 29. Chapter 727 of the acts of 1970 is hereby amended by inserting after section 3 the following section:-

Section 3A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 30. Chapter 742 of the acts of 1970 is hereby amended by inserting after section 4 the following section:-

Section 4A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by sections one, three and six of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 31. Section 3 of chapter 743 of the acts of 1970 is hereby amended by striking out, in lines 19 and 20, the words "nineteen hundred and eighty-five" and inserting in place thereof the words:- two thousand.

SECTION 32. Said chapter 743 is hereby further amended by striking out section 4 and inserting in place thereof the following section:-

Section 4. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting a portion of the expenditures authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 33. Section 2 of chapter 747 of the acts of 1970 is hereby amended by striking out, in lines 12 and 13, the words "nineteen hundred and seventy-eight" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 34. Said chapter 747 is hereby further amended by inserting after section 3 the following section:-

Section 3A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 35. Section 4 of chapter 767 of the acts of 1970 is hereby amended by striking out, in lines 19 and 20, the words "nineteen hundred and eighty-five" and inserting in place thereof the words:- two thousand.

SECTION 36. Said chapter 767 is hereby further amended by inserting after section 4 the following section:-

Section 4A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 37. Section 5 of chapter 976 of the acts of 1971 is hereby amended by striking out, in line 12, the words "nineteen hundred and seventy-seven" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 38. Chapter 584 of the acts of 1972 is hereby amended by inserting after section 3 the following section:-

Section 3A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 39. Chapter 765 of the acts of 1972 is hereby amended by inserting after section 9 the following section:-

Section 9A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 40. Section 13 of said chapter 803 is hereby amended by striking out, in line 20, the words "nineteen hundred and eighty-seven" and inserting in place thereof the words:- two thousand.

SECTION 41. Said chapter 803 is hereby further amended by inserting after section 13 the following section:-

Section 13A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section twelve of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 42. Said chapter 803 is hereby further amended by inserting after section 4 the following section:-

Section 4A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section two of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 43. Section 4 of chapter 803 of the acts of 1972 is hereby amended by striking out, in lines 19 and 20, the words "nineteen hundred and eighty-seven" and inserting in place thereof the words:- two thousand.

SECTION 44. Chapter 822 of the acts of 1973 is hereby amended by inserting after section 2 the following section:-

Section 2A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 45. Section 5 of chapter 884 of the acts of 1973 is hereby amended by striking out, in lines 12 and 13, the words "nineteen hundred and seventy-eight" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 46. Chapter 1225 of the acts of 1973 is hereby amended by inserting after section 4 the following section:-

Section 4A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 47. The second sentence of section 10 of chapter 519 of the acts of 1974, as inserted by section 2 of chapter 34 of the acts of 1982, is hereby amended by striking out, in lines 6 and 7, the words "nineteen hundred and eighty-five" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 47A. Section 13 of chapter 859 of the acts of 1975 is hereby amended by striking out, in line 13, the words "nineteen hundred and eighty" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 48. The second sentence of section 9 of chapter 481 of the acts of 1976, as inserted by section 3 of said chapter 34, is hereby amended by striking out, in line 7, the words "nineteen hundred and eighty-five" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 49. Section 10 of chapter 356 of the acts of 1977 is hereby amended by striking out, in lines 14 and 15, the words "nineteen hundred and eighty-two" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 50. Chapter 356 of the acts of 1977 is hereby amended by inserting after section 14 the following section:-

Section 14A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section four of chapter one hundred and sixty-one C of the General Laws and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 51. The second sentence of section 9 of chapter 920 of the acts of 1977, as inserted by section 4 of chapter 34 of the acts of 1982, is hereby further amended by striking out, in line 7, the words "nineteen hundred and eighty-five" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 52. Chapter 147 of the acts of 1978 is hereby amended by inserting after section 3 the following section:-

Section 3A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section one of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 53. The first paragraph of section 2 of chapter 406 of the acts of 1978 is hereby amended by striking out, in line 12, the words "nineteen hundred and eighty-four" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 54. The second sentence of section 10 of chapter 513 of the acts of 1978, inserted by section 5 of chapter 34 of the acts of 1982, is hereby amended by striking out, in line 7, the words "nineteen hundred and eighty-five" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 55. The first paragraph of section 10 of chapter 480 of the acts of 1979, as amended by section 6 of chapter 34 of the acts of 1982, is hereby further amended by striking out, in lines 12 and 13, the words "nineteen hundred and eighty-four" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 56. Chapter 740 of the acts of 1981 is hereby amended by inserting after section 7 the following section:-

Section 7A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section five of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 57. The second paragraph of section 29 of chapter 796 of the acts of 1979 is hereby amended by striking out, in lines 13 and 14, the words "nineteen hundred and eighty-four" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 58. The second sentence of section 9 of chapter 798 of the acts of 1979, inserted by section 7 of chapter 34 of the acts of 1982, is hereby amended by striking out, in line 7, the words "nineteen hundred and eighty-four" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 59. The second paragraph of section 15 of said chapter 798 is hereby amended by striking out, in line 15, the words "nineteen hundred and eighty-nine" and inserting in place thereof the words:- two thousand and four.

SECTION 60. The second paragraph of section 16 of said chapter 798 is hereby amended by striking out, in line 15, the words "nineteen hundred and eighty-nine" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 61. The first paragraph of section 3 of chapter 805 of the acts of 1979 is hereby amended by striking out, in line 12, the words "nineteen hundred and eighty-four" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 62. Chapter 490 of the acts of 1980 is hereby amended by inserting after section 13 the following section:-

Section 13A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section twelve of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 63. The second sentence of section 8 of chapter 578 of the acts of 1980, as inserted by section 8 of chapter 34 of the acts of 1982, is hereby amended by striking out, in line 7, the words "nineteen hundred and eighty-five" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 64. Chapter 578 of the acts of 1980 is hereby amended by inserting after section 14 the following section:-

Section 14A. To meet the cost of expenditures necessary in carrying out the provisions of section seven of chapter seven hundred and ninety-eight of the acts of nineteen hundred and seventy-nine the state treasurer shall, upon the request of the governor, issue and sell bonds of the commonwealth, to an amount to be specified by the governor from time to time, but not exceeding, in the aggregate the sum of three million dollars.

All bonds issued by the commonwealth, as aforesaid, shall be designated on their face, Highway Improvement Loan, Act of 1979, and shall be issued for such maximum term of years, not exceeding twenty years, as the governor may recommend to the general court pursuant to Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth; provided however, that all such bonds shall be payable not later than June thirtieth, two thousand and eleven. All interest and payment on account of principal of such obligations shall be payable from the Highway Fund. Bonds and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 64A. Chapter 784 of the acts of 1981 is hereby amended by inserting after section 6 the following section:-

Section 6A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section five of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 65. Chapter 313 of the acts of 1982 is hereby amended by inserting after section 14 the following section:-

Section 14A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by sections nine, ten, eleven, twelve and thirteen of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 66. Section 4 of chapter 347 of the acts of 1982 is hereby amended by striking out, in line 13, the words "nineteen hundred and eighty-seven" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 67. Section 3 of chapter 659 of the acts of 1982 is hereby amended by striking out, in line 13, the words "nineteen hundred and ninety" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 68. Section 7 of chapter 7 of the acts of 1983 is hereby amended by striking out, in line 13, the words "nineteen hundred and ninety" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 69. The second paragraph of section 3 of chapter 325 of the acts of 1983 is hereby amended by striking out, in line 8, the words "nineteen hundred and eighty-nine" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 70. Section 42 of chapter 589 of the acts of 1983 is hereby amended by striking out, in line 4, the words "section nineteen" and inserting in place thereof the words:- sections nineteen and nineteen A,- and by striking out, in line 13, the words "nineteen hundred and eighty-eight" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 71. Chapter 637 of the acts of 1983 is hereby amended by inserting after section 37 the following section:-

Section 37A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section thirty-six of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 72. Item 8000-8841 of section 3B of chapter 723 of the acts of 1983 is hereby amended by striking out, in lines 3 and 4, the words "at the Institute of Laboratories".

SECTION 73. Chapter 233 of the acts of 1984 is hereby amended by inserting after section 33 the following section:-

Section 33A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by sections thirty, thirty-one and thirty-two of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 74. Section 2 of chapter 614 of the acts of 1985 is hereby amended by striking out, in line 12, the words "nineteen hundred and ninety" and inserting in place thereof the words:- nineteen hundred and ninety-five.

SECTION 75. Chapter 772 of the acts of 1987 is hereby amended by inserting after section 8 the following section:-

Section 8A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 76. Chapter 15 of the acts of 1988 is hereby amended by inserting after section 18 the following section:-

Section 18A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section seventeen of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 77. Said chapter 15 is hereby further amended by inserting after section 25 the following section:-

Section 25A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section twenty-four of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 78. Said chapter 15 is hereby further amended by inserting after section 27 the following section:-

Section 27A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section twenty-six of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 79. Said chapter 15 is hereby further amended by inserting after section 20 the following section:-

Section 20A. The state treasurer may borrow from time to time on the credit of the commonwealth such sums of money as may be necessary for the purpose of meeting payments authorized by section nineteen of this act and may issue and renew from time to time notes of the commonwealth therefor, bearing interest payable at such time and at such rates as shall be fixed by the state treasurer. Such notes shall be issued and may be renewed one or more times for such terms, not exceeding one year, as the governor may recommend to the general court in accordance with Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth, but the final maturities of such notes, whether original or renewal, shall not be later than June thirtieth, nineteen hundred and ninety-five. Notes and interest thereon issued under the authority of this section shall, notwithstanding any other provisions of this act, be general obligations of the commonwealth.

SECTION 80. Notwithstanding the provisions of any general or special law to the contrary, the total amount of bonds issued pursuant to the provisions of this act shall not exceed one hundred and twenty million dollars during fiscal year nineteen hundred and ninety-two; provided, however, that the foregoing restriction shall not be construed to limit the authority of the treasurer to issue any notes authorized pursuant to the provisions of this act. `tuc ENDORSEMENTS FOLLOW ON PAGE 25. `t+99