HOUSE DOCKET, NO. 5124        FILED ON: 7/8/2010

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 4869

The Commonwealth of Massachusetts

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In the Year Two Thousand Ten

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An Act providing 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 general or special law to the contrary, the bonds that the state treasurer may issue under section 1 of chapter 150 of the acts of 2010 shall be issued for a term not to exceed 6 years, as recommended by the governor in a message to the general court dated July 8, 2010 under section 3 of Article LXII of the Amendments to the Constitution.

SECTION 2.  Notwithstanding any general or special law to the contrary, the notes that the state treasurer may issue under section 3 of chapter 150 of the acts of 2010 shall be issued for a term not to exceed 1 year.   All such notes shall be payable not later than June 30, 2011, as recommended by the governor in a message to the general court dated July 8, 2010 under section 3 of Article LXII of the Amendments to the Constitution.