Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
SECTION 1. Notwithstanding the provisions of sections one and two of chapter one hundred and sixty-four of the General Laws or the provision of any other general or special law to the contrary, any partnership formed for the purpose of constructing, owning, and operating facilities for the transmission of electricity consisting of direct current transmission lines running from the town of Tyngsborough to the town of Ayer, a direct current to alternating current converter terminal located in the town of Ayer and the town of Groton, and any facilities appurtenant thereto, shall, for all purposes of chapter one hundred and sixty-four, be considered to be an electric company, and shall be entitled to exercise all rights and privileges granted and be subject to all obligations imposed in such chapter on electric companies; provided, however, that no corporation or other entity that participates in such partnership as a partner shall be deemed to be an electric company within the meaning of chapter one hundred and sixty-four solely by virtue of such participation.
SECTION 2. For the purposes of section three of chapter forty A of the General Laws, the partnership referred to in section one shall be considered a public service corporation.
SECTION 3. Any licenses, permits, approvals, orders, certificates, exemptions, or similar authorizations granted by any administrative agency or authority of the commonwealth, prior to the passage of this act, in connection with the construction and operation of the facilities described in section one may be transferred by the corporation or other entity to which such authorization was granted to the partnership referred to in said section one, and may be utilized and relied upon by said partnership, without further action or approval of such agency or authority.
SECTION 4. Notwithstanding any general or special law to the contrary, any city or town having a municipal electric department established under chapter one hundred and sixty-four of the General Laws or a special act, acting through its municipal light board as defined in section one of chapter one hundred and sixty-four A of the General Laws, and the Massachusetts Municipal Wholesale Electric Company established pursuant to chapter seven hundred and seventy-five of the acts of nineteen hundred and seventy-five may own or acquire an interest in or participate as a limited partner in any partnership formed for the purpose of constructing, owning and operating transmission facilities in the United States for the New England/Quebec interconnection project to transmit electric power from Hydro-Quebec to any state in the area known as New England.
SECTION 5. Any such city or town, acting by and through its municipal light board as so defined, may enter into agreements pursuant to chapter one hundred and sixty-four A of the General Laws with respect to transmission facilities in the United States for the New England/Quebec interconnection project to transmit electric power from Hydro-Quebec to any state in the area known as New England. Such agreements may provide (1), in the event of a default by any party thereto in the performance of its obligations thereunder, for other parties to assume the obligations and succeed to the rights and interests of the defaulting party, pro rata or otherwise as may be agreed, and (2), for the guarantee by any party of the payment obligations of any other party. Obligations of a city or town under such agreements shall constitute special obligations of such city or town, payable solely from the revenues derived by such city or town from its municipal electric department.
SECTION 6. Section 5 of chapter 187 of the General Laws, as appearing in the 1986 Official Edition, is hereby amended by striking out, in line 6, the words "telephone and water" and inserting in place thereof the following words:- "telephone, water and sewer".