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Bill > S1546


MA S1546

MA S1546
Relative to the Commonwealth’s direct debt


summary

Introduced
01/22/2013
In Committee
01/22/2013
Crossed Over
Passed
Dead
08/01/2014

Introduced Session

188th General Court

Bill Summary

For legislation relative to the Commonwealth's direct debt. State Administration and Regulatory Oversight.

AI Summary

This bill proposes to amend Section 60A of Chapter 29 of the Massachusetts General Laws, which deals with the Commonwealth's direct debt, by changing a specific numerical value from 1.05 to 1.00. The Commonwealth's direct debt refers to money borrowed by the state government. The bill also includes a provision that its changes will automatically expire five years after its passage unless they are extended, modified, or terminated by further legislative action, providing a sunset clause for these amendments.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Accompanied a study order, see H4143 (on 06/04/2014)

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