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 by the general court, 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 seven of chapter eight hundred and forty-six of the acts of nineteen hundred and sixty-five, as amended by section ten of chapter two hundred and nineteen of the acts of nineteen hundred and ninety-one, providing for funding a special capital outlay loan, shall be issued and renewed one or more times for terms not to exceed one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, nineteen hundred and ninety-nine, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 ten of chapter six hundred and seventy-eight of the acts of nineteen hundred and eighty-seven, providing for funding a Cushing Hospital Development Loan, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and thirteen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 seventy-five of chapter twenty-three of the acts of nineteen hundred and ninety-two, providing for funding Public Safety Improvement Loans in the commonwealth, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and seventeen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 thirteen of chapter thirty-six of the acts of nineteen hundred and ninety-two, providing for funding Metropolitan Water Supply Protection Loans in the commonwealth, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and twenty-two, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 nineteen of chapter sixty-nine of the acts of nineteen hundred and ninety-two, providing for funding renovations and improvements at the state house, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and seventeen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 A of chapter seven hundred and eighty-six of the acts of nineteen hundred and sixty-seven, providing for funding Tenean Beach Loans, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and fifteen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 two of chapter eight hundred and thirty-four of the acts of nineteen hundred and sixty-nine, as most recently amended by section twenty-three of chapter seven hundred and twenty-three, providing for funding Solid Waste Disposal bonds, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and fifteen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 eight hundred of the acts of nineteen hundred and seventy-nine, providing for Groundwater Survey Loans, shall be issued for a term not to exceed ten years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and five, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 eleven A of chapter seven hundred and twenty-three of the acts of nineteen hundred and eighty-three, as amended by section nineteen of chapter two hundred and thirty-three of the acts of nineteen hundred and eighty-four, providing for funding Capital Outlay Equipment Loans, shall be issued for a term not to exceed seven years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and two, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 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, as inserted by section twenty of chapter two hundred and thirty-three of the acts of nineteen hundred and eighty-four, providing for funding Word and Data Processing Equipment Loans, shall be issued for a term not to exceed five years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 eleven D of chapter seven hundred and twenty-three of the acts of nineteen hundred and eighty-three, providing for funding Highway Improvement Equipment Loans, shall be issued for a term not to exceed seven years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and two, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 eleven S of chapter seven hundred and twenty-three of the acts of nineteen hundred and eighty-three, providing for Capital Outlay Loan - County Correctional Facilities Loans, shall be issued for a term not to exceed seven years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and two, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 three of chapter seven hundred and eighty-five of the acts of nineteen hundred and eighty-five, providing for funding Lockup Facilities Improvements, shall be issued for a term not to exceed seven years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and two, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 bonds which the state treasurer is authorized to issue under section twelve of chapter eight hundred and eleven of the acts of nineteen hundred and eighty-five, providing for funding Mobility Assistance Program Loans, shall be issued for a term not to exceed five years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, 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 eight of chapter fifty-two of the acts of nineteen hundred and ninety-three, providing for funding Human Services Consolidation Capital Outlay Loans, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and nineteen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 16. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section three of chapter one hundred and thirty-two of the acts of nineteen hundred and ninety-three, providing for funding Human Services Consolidation Capital Outlay Loans, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and nineteen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 17. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section six of chapter four hundred and twenty-eight of the acts of nineteen hundred and ninety-three, providing for funding Low-Level Radioactive Waste Management, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and eighteen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 18. 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 ninety-three of the acts of nineteen hundred and ninety-three, providing for funding Emergency Capital Outlay Loans, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and nineteen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 19. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section six of chapter four hundred and ninety-four of the acts of nineteen hundred and ninety-three, providing for funding Housing Preservation and Neighborhood Development, shall be issued for a term not to exceed twenty years; provided, however, that all such bonds shall be payable by June thirtieth, two thousand and eighteen, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.
SECTION 20. Notwithstanding any provision of the law to the contrary, the notes which the state treasurer is authorized to issue under section twelve of chapter one hundred and sixty-one A of the General Laws authorizing temporary borrowings by the commonwealth to finance certain payments required to be made to the Massachusetts Bay Transportation Authority, shall be issued for terms not exceeding two and one-half years in each of the calendar years nineteen hundred and ninety-four and nineteen hundred and ninety-five, as recommended by the governor in a message to the general court dated May thirty-first, nineteen hundred and ninety-four, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.