Bill

Bill > H3630


MA H3630

MA H3630
Authorizing the county of Dukes County to borrow funds to pay costs of making various capital improvements and acquiring items of capital equipment at the Martha’s Vineyard airport


summary

Introduced
03/13/2019
In Committee
04/22/2019
Crossed Over
06/24/2019
Passed
06/27/2019
Dead
Signed/Enacted/Adopted
07/01/2019

Introduced Session

191st General Court

Bill Summary

By Mr. Fernandes of Falmouth, a petition (subject to Joint Rule 12) of Dylan A. Fernandes that the county of Dukes County be authorized to borrow funds to pay costs of making various capital improvements and acquiring items of capital equipment at the Martha’s Vineyard airport. Municipalities and Regional Government.

AI Summary

This bill authorizes the County of Dukes County to borrow up to $1,265,791 to pay for various capital improvements and the acquisition of capital equipment at the Martha's Vineyard Airport. The county treasurer, with the approval of the county commissioners, can issue bonds or notes with a maximum term of 30 years to fund these projects. The bill exempts the county from certain state laws regarding the issuance of bonds and notes, and the resulting debt will be subject to the provisions of Massachusetts General Law Chapter 35.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Signed by the Governor, Chapter 30 of the Acts of 2019 (on 07/01/2019)

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