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HOUSE DOCKET, NO. 1383         FILED ON: 1/16/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2996

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Sarah K. Peake

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
              Court assembled:

              The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to public library construction funding.

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PETITION OF:

 

Name:

District/Address:

Sarah K. Peake

4th Barnstable

Peter V. Kocot

1st Hampshire

Stephen L. DiNatale

3rd Worcester

Martha M. Walz

8th Suffolk

David Paul Linsky

5th Middlesex

Louis L. Kafka

8th Norfolk

Paul W. Mark

2nd Berkshire

Denise Andrews

2nd Franklin

Timothy R. Madden

Barnstable, Dukes and Nantucket

Angelo M. Scaccia

14th Suffolk

Ann-Margaret Ferrante

5th Essex

Carolyn C. Dykema

8th Middlesex

Carl M. Sciortino, Jr.

34th Middlesex

Denise Provost

27th Middlesex


HOUSE DOCKET, NO. 1383        FILED ON: 1/16/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 2996

By Ms. Peake of Provincetown, a petition (accompanied by bill, House, No. 2996) of Sarah K. Peake and others for legislation to establish a funding program of grants to cities and towns for approved public library projects.  Tourism, Arts and Cultural Development. 


The Commonwealth of Massachusetts
 

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In the Year Two Thousand Thirteen

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An Act relative to public library construction funding.
 

              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.  For a program of grants to cities and towns for approved public library projects as authorized by sections 19G to 19I, inclusive, of chapter 78 of the General Laws; provided further, that not more than $500,000 of the amount authorized herein may be expended by the board of library commissioners for the administrative costs directly attributable to the projects funded herein, including the costs of temporary personnel; provided, however, that no permanent personnel shall be compensated from this item; provided further, that said board shall file an annual spending plan with the fiscal affairs division and the house and senate committees on ways and means which details, by subsidiary, all temporary personnel and administrative costs charged to this item…………………………………………………………$150,000,000.

              SECTION 2.  To fund initial deposits to the public library projects, established in section 1, the state treasurer shall, upon the 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 or $150,000,000.  All bonds issued by the Commonwealth as aforesaid shall be designated on their face, Public Library Projects, Act of 2012, and shall be issued for such maximum term of years, not exceeding 20 years, as the governor may recommend to the general court pursuant to Section 3 of Article LXII of the Amendments to the Constitution.  All such bonds shall be payable not later than June 30, 2033.  All interest and payments on account of principal of such obligations shall be payable from the General Fund.  Bonds issued under the authority of this section shall not be included in the computation of outstanding direct bonds for purposes of the limit imposed by the second paragraph of section 60A of chapter 29 of the General Laws, nor included in the computation of general obligation debt for purposes of the limit imposed by section 60B of said chapter 29.

              SECTION 3.  This act shall take effect upon its passage.

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