An Act providing for the terms of certain bonds for transportation purposes 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 establishes the terms and conditions for bonds issued by the Commonwealth of Massachusetts to finance transportation projects. The emergency preamble indicates that the law is needed immediately to address transportation needs. The bill details the specifics of these bonds, ensuring they are used for transportation purposes.
Key provisions
- Specifies the terms of bonds issued for transportation.
- Authorizes the Commonwealth to issue bonds.
- Designates the use of bond proceeds for transportation projects.
- Establishes requirements for the bonds' repayment.
- Details the process for bond issuance and oversight.
Who is affected
- Commonwealth of Massachusetts
- Transportation agencies
- Bondholders
- Taxpayers
- Transportation project beneficiaries
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
House Committee on Ways and Means
Cosponsor
Maura T. Healey
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