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MASSACHUSETTS STATUTES AND CODES

Section 50 Accounts includable in state tax; certification

Section 50. The state treasurer shall annually in December certify to the budget director the amount necessary to be included in the state tax for the fiscal year beginning on July first following, to provide for serial and sinking fund payments with respect to any bonds or notes of the commonwealth, and each such amount shall be included in the state tax for the year for which it is so certified.

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