Establishes terms for bonds to be issued by Massachusetts for municipal road and bridge improvements.
The bill sets the terms for bonds authorized by Chapter 100 of the Acts of 2026, specifically for long-term improvements to municipal roads and bridges. The bonds, issued by the State Treasurer, will have a term not exceeding 30 years and must be payable by June 30, 2066. This legislation is recommended by the governor to ensure the immediate preservation of public convenience.
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