An Act providing for the terms of certain bonds to be issued by the Commonwealth
This bill sets the repayment schedule for specific state bonds issued under laws passed in 2024. It requires the state treasurer to pay back certain bonds within 10 years by June 30, 2039, while others must be paid within 30 years by June 30, 2059. These rules apply to bonds authorized in previous legislation and ensure they are retired by the dates recommended by the governor. The law overrides any conflicting state statutes regarding these bond terms.
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 16, 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 220 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 22, 2024
Upper · Passed
Senate concurred
upper
Aug 16, 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.
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