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

This bill establishes the maximum repayment period for state transportation bonds issued in 2026. It requires that these financial instruments be paid back within 30 years, with all payments due by June 30, 2066. The change directly impacts the state treasurer, who is responsible for issuing these bonds, and sets a specific deadline for when the debt must be settled. This legislation overrides previous laws to create a uniform 30-year term for these specific transportation funding tools.