An Act providing for the terms of certain bonds to be issued by the Commonwealth
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill outlines the terms and conditions under which the Commonwealth of Massachusetts can issue certain bonds. The emergency preamble indicates that delaying the implementation of this act would hinder its intended purpose. The bill specifically addresses the details of these bonds, likely for financing various state projects or obligations.
Key provisions
- Specifies the terms of bonds to be issued by the Commonwealth.
- Establishes the conditions under which these bonds can be utilized.
- Details the interest rates and repayment schedules associated with the bonds.
- Defines the types of projects or obligations the bonds can finance.
Who is affected
- The Commonwealth of Massachusetts
- Bondholders
- State agencies and departments
- Taxpayers
Notable changes
- The bill establishes specific terms for bond issuance, potentially modifying existing bond authorization procedures.
- The emergency preamble suggests a critical need for the bond terms to be finalized promptly.
Bill text
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Sponsors
Official sponsors from legislative records.
1 on record
Primary sponsor
Maura T. Healey
Arguments
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