Bill Text: MA H3196 | 2009-2010 | 186th General Court | Introduced
Bill Title: Debt limitation of the Masschusetts Bay Transportation Authority
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 9/22 at 11:00 AM in Hearing Room A2 [H3196 Detail]
Download: Massachusetts-2009-H3196-Introduced.html
The Commonwealth of Massachusetts
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PRESENTED BY:
Brian S. Dempsey
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To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
��������������� Court assembled:
��������������� The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to debt limitation.
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PETITION OF:
|
Name: |
District/Address: |
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Brian S. Dempsey |
3rd Essex |
The Commonwealth of
Massachusetts
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In the Year Two Thousand and Nine
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An Act relative to debt limitation.
��������������� Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
����������� Subsection (a) of section 13 of chapter 161A of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by striking out the last paragraph and inserting in place thereof the following:
Bonds of the authority issued for the foregoing purposes shall be subject to the terms and limitations set forth in any resolution providing for the issue of the bonds or any trust agreement securing such bonds, as in effect from time to time and in accordance with the terms thereof, including without limitation, terms related to the amount of bonds issued thereunder.
