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MA H4413
Bill
AI Summary
- Sets maximum bond terms of 30 years for bonds issued under sections 3 and 4 of chapter 17 of the acts of 2025, which finances improvements to municipal roads and bridges
- Requires all bonds to be fully payable no later than June 30, 2065
- Declared an emergency law, taking effect immediately upon passage rather than the standard 90-day waiting period
- Submitted by Governor Maura T. Healey on August 12, 2025, pursuant to Article LXII of the Massachusetts Constitution requiring gubernatorial recommendation of bond terms
Legislative Description
Providing for the terms of certain bonds to be issued by the Commonwealth
Last Action
Signed by the Governor, Chapter 48 of the Acts of 2025
10/29/2025
Committee Referrals
Steering, Policy and Scheduling10/14/2025
Ways and Means9/11/2025
Bonding, Capital Expenditures and State Assets8/14/2025
Full Bill Text
No bill text available