Amendment ID: S2926-121-R1

Redraft Amendment 121

Capital Debt Affordability Committee

Mr. Tarr moves that the proposed new text be amended by inserting after section _ the following section:-

"SECTION_. Notwithstanding any general or special law to the contrary the capital debt affordability committee as established under section 60B of chapter 165 of the acts of 2012 shall submit to the governor and the clerks of the house and senate by December 15, 2022 a report on measures to: (1) reduce overall debt service paid by the commonwealth; (2) measures to increase bond ratings; and (3) reducing the amount of bonded indebtedness to the commonwealth by applying available federal and state surplus funds”.