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December 21, 2024 Clear | 19°F
The 193rd General Court of the Commonwealth of Massachusetts

AN ACT RELATIVE TO THE TERMS OF CERTAIN BONDS TO BE ISSUED BY THE COMMONWEALTH.

Whereas , The deferred operation of this act would tend to defeat its purpose, which is to immediately facilitate the issuance of bonds 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. Section 5 of chapter 323 of the acts of 2002 is hereby amended by striking out, in line 4, the figure "2008" and inserting in place thereof the following figure:- 2011.

SECTION 2. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 1 of chapter 201 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 3. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 3 of chapter 290 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 4. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 4 of chapter 290 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 5. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 3 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 6. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 4 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 7. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 5 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 8. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 6 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 7 years. All such bonds shall be payable not later than June 30, 2016, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 9. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 7 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 5 years. All such bonds shall be payable not later than June 30, 2014, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 10. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 8 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 5 years. All such bonds shall be payable not later than June 30, 2014, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 11. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 9 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 5 years. All such bonds shall be payable not later than June 30, 2014, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 12. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 10 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 13. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 11 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 14. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 12 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 10 years. All such bonds shall be payable not later than June 30, 2019, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

SECTION 15. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 13 of chapter 291 of the acts of 2004 shall be issued for a term not to exceed 20 years. All such bonds shall be payable not later than June 30, 2029, as recommended by the governor in a message to the general court dated October 15, 2004, pursuant to Section 3 of Article LXII of the Amendments to the Constitution.

Approved December 22, 2004.