AN ACT RELATIVE TO CERTAIN CAPITAL SPENDING AUTHORIZATIONS.
Whereas , The deferred operation
of this act would tend to defeat its purpose, which is to provide forthwith for
the extension of certain capital spending authorizations that will otherwise revert
on June 30, 2003 but which are needed to fund obligations during fiscal year 2004,
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 any general
or special law to the contrary, the unexpended balances of capital accounts which
otherwise would revert on June 30, 2003 but which are necessary to fund obligations
during fiscal year 2004 are hereby re-authorized until September 30, 2003, at
which time these re-authorizations shall terminate and shall revert. The secretary
of administration and finance shall file with the clerk of the house of representatives
on or before September 1, 2003, a report and any legislation necessary to effectuate
the de-authorization of capital accounts, delineated by item of appropriation,
determined to be no longer necessary, and recommendations and amounts necessary
to re-authorize capital accounts, delineated by item of appropriation, to fund
ongoing capital projects throughout the remainder of fiscal year 2004.
SECTION 2. This act shall take effect as of June 30, 2003.