Whereas , The deferred operation of this act would tend to defeat its purpose, which is forthwith to facilitate the issuance of notes to carry out the purposes of a certain act, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.<_Ò>>
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Notwithstanding any general or special law to the contrary, the notes that the state treasurer may issue under section 8 of chapter 235 of the acts of 1998 shall be issued for terms not to exceed 5 years from the date of issuance. All such notes shall be payable not later than June 30, 2007, as recommended by the governor in a message to the general court dated November 21, 2001, pursuant to section 3 of Article LXII of the Amendments to the Constitution.
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