AN ACT PROVIDING THE TERMS OF CERTAIN BONDS AND NOTES TO BE ISSUED BY THE COMMONWEALTH TO FINANCE BROADBAND ACCESS, BRIDGE REPAIRS, HIGHER EDUCATION, TRANSPORTATION, ENERGY AND ENVIRONMENTAL NEEDS AND CERTAIN OTHER GENERAGL GOVERNMENTAL NEEDDS OF THE COMMONWEALTH.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to provide forthwith for the immediate capital improvement needs of the commonwealth, 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 bonds which the state treasurer may issue under section 7 of chapter 231 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under section 3 of Article LXII of the Amendments to the Constitution.
SECTION 2. Notwithstanding any general or special law to the contrary, the notes which the state treasurer may issue under section 7 of chapter 233 of the acts of 2008 shall be issued for a term not to exceed 15 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 8 of chapter 233 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 3 of chapter 258 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 47 of chapter 303 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 48 of chapter 303 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 49 of chapter 303 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 50 of chapter 303 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 51 of chapter 303 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 52 of chapter 303 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 53 of chapter 303 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 16 of chapter 304 of the acts of 2008 shall be issued for a term not to exceed 10 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 17 of chapter 304 of the acts of 2008 shall be issued for a term not to exceed 20 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 18 of chapter 304 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under 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 19 of chapter 304 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under section 3 of Article LXII of the Amendments to the Constitution.
SECTION 16. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 15 of chapter 312 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under section 3 of Article LXII of the Amendments to the Constitution.
SECTION 17. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 16 of chapter 312 of the acts of 2008 shall be issued for a term not to exceed 30 years as recommended by the governor in a message to the general court dated August 20, 2008 under section 3 of Article LXII of the Amendments to the Constitution.
SECTION 18. Notwithstanding any general or special law to the contrary, the bonds which the state treasurer may issue under section 46 of chapter 130 of the acts of 2008 shall be issued for a term not to exceed 20 years as recommended by the governor in a message to the general court dated June 30, 2008 under section 3 of Article LXII of the Amendments to the Constitution.
Approved October 9, 2008