HOUSE DOCKET, NO. 5320 FILED ON: 8/15/2024
HOUSE . . . . . . . . . . . . . . . No. 5008
OFFICE OF THE GOVERNOR
COMMONWEALTH OF MASSACHUSETTS
STATE HOUSE · BOSTON, MA 02133
(617) 725-4000
MAURA T. HEALEY KIMBERLEY DRISCOLL
GOVERNOR LIEUTENANT GOVERNOR
August 15, 2024
To the Honorable Senate and House of Representatives,
I am submitting for your consideration the attached legislation recommending terms for
certain bonds authorized in sections 4 to 6, inclusive, of Chapter 139 of the Acts of 2024, entitled
“An Act to Provide for the Future Information Technology Needs of Massachusetts.”
Pursuant to Section 3 of Article LXII of the Amendments to the Constitution of the
Commonwealth of Massachusetts, I recommend that the bonds that the State Treasurer is
authorized to issue pursuant to sections 4 and 6 of Chapter 139 of the Acts of 2024 be issued for
terms not to exceed 10 years from the date of issuance thereof; provided, however, that all such
bonds shall be payable not later than June 30, 2039. Pursuant to Section 3 of Article LXII of the
Amendments to the Constitution of the Commonwealth of Massachusetts, I recommend that the
bonds that the State Treasurer is authorized to issue pursuant to section 5 of Chapter 139 of the
Acts of 2024 be issued for a term not to exceed 30 years from the date of issuance thereof;
provided, however, that all such bonds shall be payable not later than June 30, 2059.
I appreciate the Legislature’s prompt attention to enact this necessary piece of legislation
and allow important capital projects in the Commonwealth to proceed.
Respectfully submitted,
Maura T. Healey,
Governor
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HOUSE . . . . . . . . . . . . . . . No. 5008
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act providing for the terms of certain bonds to be issued by the Commonwealth.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to
provide for the terms of certain bonds to be issued by 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:
1 SECTION 1. Notwithstanding any general or special law to the contrary, the bonds that
2 the state treasurer may issue pursuant to section 4 of chapter 139 of the acts of 2024 shall be
3 issued for a term not to exceed 10 years. All such bonds shall be payable not later than June 30,
4 2039, as recommended by the governor in a message to the general court dated August 15, 2024
5 under section 3 of Article LXII of the Amendments to the Constitution.
6 SECTION 2. Notwithstanding any general or special law to the contrary, the bonds that
7 the state treasurer may issue pursuant to section 5 of chapter 139 of the acts of 2024 shall be
8 issued for a term not to exceed 30 years. All such bonds shall be payable not later than June 30,
9 2059, as recommended by the governor in a message to the general court dated August 15, 2024
10 under section 3 of Article LXII of the Amendments to the Constitution.
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11 SECTION 3. Notwithstanding any general or special law to the contrary, the bonds that
12 the state treasurer may issue pursuant to section 6 of chapter 139 of the acts of 2024 shall be
13 issued for a term not to exceed 10 years. All such bonds shall be payable not later than June 30,
14 2039, as recommended by the governor in a message to the general court dated August 15, 2024
15 under section 3 of Article LXII of the Amendments to the Constitution.
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