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  • Acts
  • 2000
  • Chapter 298 AN ACT RELATIVE TO THE TERMS OF CERTAIN BONDS AND NOTES TO BE ISSUED BY THE COMMONWEALTH.

Whereas , The deferred operation of this act would tend to defeat its purpose, which is to facilitate forthwith the issuance of bonds and notes to carry out the purposes of certain acts passed by the general court, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.


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 the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 53A of chapter 29 of the General Laws for the purpose of refunding outstanding bonds of the commonwealth shall be issued for a term not to exceed 30 years. All such bonds shall be payable not later than June 30, 2035, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 2. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 3 of chapter 584 of the acts of 1972, as amended by section 2 of chapter 195 of the acts of 2000, shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2020, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 3. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 9 of chapter 765 of the acts of 1972, as amended by section 3 of chapter 195 of the acts of 2000, shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2020, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 4. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 8 of chapter 803 of the acts of 1972, as amended by section 4 of chapter 195 of the acts of 2000, shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2020, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 5. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 11 of chapter 723 of the acts of 1983, as amended by section 5 of chapter 195 of the acts of 2000, shall be issued for a term not to exceed ten years. All such bonds shall be payable not later than June 30, 2010, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 6. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 11L of chapter 723 of the acts of 1983, as amended by section 6 of chapter 195 of the acts of 2000, shall be issued for a term not to exceed ten years. All such bonds shall be payable not later than June 30, 2010, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 7. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 14 of chapter 799 of the acts of 1985, as amended by section 7 of chapter 195 of the acts of 2000, shall be issued for a term not to exceed ten years. All such bonds shall be payable not later than June 30, 2010, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 8. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 77 of chapter 206 of the acts of 1986, as amended by section 8 of chapter 195 of the acts of 2000, shall be issued for a term not to exceed seven years. All such bonds shall be payable not later than June 30, 2007, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 9. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 3 of chapter 202 of the acts of 2000 shall be issued for a term not to exceed ten years. All such bonds shall be payable not later than June 30, 2010, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 10. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 3 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2025, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 11. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 4 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2025, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 12. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 5 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2025, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 13. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 6 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed five years. All such bonds shall be payable not later than June 30, 2010, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 14. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 7 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2025, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 15. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 8 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2025, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 16. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 9 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2025, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 17. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 10 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed ten years. All such bonds shall be payable not later than June 30, 2015, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 18. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 11 of chapter 235 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2024, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 19. Notwithstanding the provisions of any general or special law to the contrary, the notes which the state treasurer is authorized to issue under section 49 of chapter 29 of the General Laws, as amended bysection 15 of chapter 235 of the acts of 2000, in anticipation of the issuance of the bonds of the commonwealth, shall be issued and may be renewed one or more times for terms not exceeding three years. All such notes shall be payable not later than June 30, 2010, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 20. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue undersection 5 of chapter 237 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2021, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 21. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 6 of chapter 237 of the acts of 2000 shall be issued for a term not to exceed ten years. All such bonds shall be payable not later than June 30, 2011, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 22. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 4 of chapter 238 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2025, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 23. Notwithstanding the provisions of any general or special law to the contrary, the bonds which the state treasurer is authorized to issue under section 5 of chapter 238 of the acts of 2000 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2025, as recommended by the governor in a message to the general court dated August 17, 2000, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

Approved October 17, 2000.