Bill
Bill > H4890
MA H4890
Providing for the terms of certain bonds to be issued by the commonwealth.
summary
Introduced
08/16/2018
08/16/2018
In Committee
10/01/2018
10/01/2018
Crossed Over
10/01/2018
10/01/2018
Passed
10/04/2018
10/04/2018
Dead
Signed/Enacted/Adopted
10/05/2018
10/05/2018
Introduced Session
190th General Court
Bill Summary
Providing for the terms of certain bonds to be issued by the commonwealth.
AI Summary
This bill amends various sections of previous acts to provide for the terms of certain bonds to be issued by the Commonwealth of Massachusetts. The key provisions of the bill are:
1. Bonds issued under sections 72, 73, 74, and 75 of Chapter 209 of the Acts of 2018 shall have a maximum term of 20 years, payable by June 30, 2043.
2. Bonds issued under section 76 of Chapter 209 of the Acts of 2018 shall have a maximum term of 10 years, payable by June 30, 2033.
3. Bonds issued under sections 59 and 60 of Chapter 228 of the Acts of 2018 shall have a maximum term of 30 years, payable by June 30, 2053.
4. The bill declares this an emergency law necessary for the immediate preservation of the public convenience.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Last Action
Signed by the Governor, Chapter 260 of the Acts of 2018 (on 10/05/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H4890 |
| Bill | https://malegislature.gov/Bills/190/H4890.pdf |
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