{"AmendmentNumber":"44","ParentBillNumber":"S2962","Bill":null,"Sponsor":{"Id":"BET0","Name":"Bruce E. Tarr","Type":1,"Details":"https://malegislature.gov/api/GeneralCourts/194/LegislativeMembers/BET0","ResponseDate":"2026-02-23T14:07:04.453"},"Category":null,"Action":"Rejected","RollCall":[],"Title":"Bond Covenant Requirements","Branch":"Senate","RedraftNumber":null,"IsFurther":false,"GeneralCourtNumber":194,"Text":"Mr. Tarr, Mrs. Dooner and Messrs. Durant, Fattman and O'Connor move that the proposed new text be amended in section 6 by striking out clause (iii) and inserting in place thereof the following clause:-\r\n(iii) so long as such revenues are necessary, as determined by the state treasurer in accordance with any applicable trust agreement or credit enhancement agreement, for the purposes for which they have been pledged, the commonwealth shall ensure that amounts sufficient to pay the principal and interest on any outstanding bonds or notes secured by income surtax revenue shall be made available; provided, however, that nothing in this clause shall be construed to require the maintenance of any particular tax rate or the continuation of the income surtax beyond the period necessary to satisfy such outstanding obligations.\r\n"}