Skip to Content

Session Laws

1995

Jump to:

CHAPTER 143 AN ACT RELATIVE TO THE TERMS OF CERTAIN BONDS AND NOTES TO BE ISSUED BY THE COMMONWEALTH.

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 eighty-five of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 2. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under section six of chapter eighty-five of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 3. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under section eight of chapter eighty-five of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 4. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under section ten of chapter eighty-five of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 5. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under section twelve of chapter eighty-five of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 6. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under section fourteen of chapter eighty-five of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 7. Notwithstanding any provision of law to the contrary, the notes which the state treasurer is authorized to issue under section sixteen of chapter eighty-five of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 8. Notwithstanding any provision of law to the contrary, the bonds which the state treasurer is authorized to issue under section three of chapter one hundred and six of the acts of nineteen hundred and ninety-four, providing for funding a higher education capital outlay loan, shall be issued for a term not to exceed twenty years; provided, however, that 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 April fifth, nineteen hundred and ninety-five, 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 notes which the state treasurer is authorized to issue under section four of chapter one hundred and six of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, 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 three of chapter one hundred and nineteen of the acts of nineteen hundred and ninety-four, providing for funding a Berkshire Community College Emergency Capital Outlay 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 nineteen, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, 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 notes which the state treasurer is authorized to issue under section four of chapter one hundred and nineteen of the acts of nineteen hundred and ninety-four, shall be issued and may be renewed one or more times not exceeding one year, and the final maturities of such notes, whether original or renewal, shall be no later than June thirtieth, two thousand and one, as recommended by the governor in a message to the general court dated April fifth, nineteen hundred and ninety-five, in pursuance of Section 3 of Article LXII of the Amendments to the Constitution of the Commonwealth.

SECTION 12. Item 9000-1900 of section 2 of chapter 38 of the acts of 1995, is hereby amended by striking out the wording and inserting in place thereof the following wording:-

`tm;keep=no `tcol=6,B4;c1=1,9,tu,T;c2=1,78,tuc;c3=1,78,tuc;c4=12,53,tfh1;c5=16,49,tu;c6=66,13,tur `tc4 For the operation and administration of the office of travel and tourism; provided, that for the purposes of developing the request for proposals, so-called, for any marketing and advertising contract, and for overseeing and evaluating said contract, the office shall implement performance-based standards which shall include, but not be limited to, a correlation between compensation and outcomes; provided further, that said performance-based request for proposals and subsequently awarded contract shall be submitted to the house and senate committees on ways and means and the joint committee on commerce and labor in conjunction with the office's explicit expectations, including quantifiable measures, for any marketing and advertising program undertaken with funds appropriated herein; provided further, that not less than one hundred and twenty-five thousand dollars shall be expended for the Baystate games, so-called; provided further, that not less than two hundred thousand dollars shall be expended for the expenses of the Massachusetts international trade council; provided further, that not less than four hundred thousand dollars shall be expended for the operation and administration of the Massachusetts film office; provided further, that one million dollars shall be expended for the production and broadcast expenses of the Evening at the Pops; provided further, that the office of travel and tourism shall receive advertising rights associated with said program; and provided further, that nothing in this appropriation shall commit the commonwealth to any expenditures related to the Boston Pops in future years `tc6 `tc5 Massachusetts Tourism Fund 100.0% `tcol;end

SECTION 13. This act shall take effect upon its passage.

Approved October 4, 1995.