H 5000 Massachusetts House · 193rd Legislature (2023-2024)

An Act providing for the terms of certain bonds to be issued by the Commonwealth

This bill sets a maximum 30-year term for specific state bonds issued by the state treasurer, ensuring they are paid back by June 30, 2059. It directly affects the state's borrowing operations by establishing a clear deadline for repayment on these financial instruments. The law overrides any previous rules that might have allowed different terms for these particular bonds. This change was made following a recommendation from the governor to the state legislature.
Bill status signed all 5 stages cleared
Introduction
Aug 2024
Committee Review
Sep 2024
House Passage
Sep 2024
Senate Passage
Sep 2024
Signed into Law
Oct 2024
Introduced Aug 15, 2024 Signed Oct 3, 2024
Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
13
Key actions
10
Committee
4
Oct 3, 2024
Signed into law
Signed by the Governor, Chapter 218 of the Acts of 2024
executive
Sep 23, 2024
Upper · Passed
Enacted and laid before the Governor
upper
Sep 23, 2024
Lower · Passed
Enacted
lower
Sep 19, 2024
Lower · Passed
Emergency preamble adopted
lower
Sep 19, 2024
Upper · Passed
Read, rules suspended, read second, ordered to a third reading, read third and passed to be engrossed
upper
Sep 19, 2024
Lower · Passed
Read second, ordered to a third reading, rules suspended, read third and passed to be engrossed
lower
Sep 19, 2024
Lower · Passed
Committee reported that the matter be placed in the Orders of the Day for the next sitting
lower
Sep 19, 2024
Lower · Passed
Committee recommended ought to pass and referred to the committee on House Steering, Policy and Scheduling
lower
Sep 12, 2024
Lower · Passed
Bill reported favorably by committee and referred to the committee on House Ways and Means
lower
Aug 16, 2024
Upper · Passed
Senate concurred
upper
Aug 15, 2024
Committee
Read; and referred to the committee on Bonding, Capital Expenditures and State Assets
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.