summary
Introduced
01/22/2019
01/22/2019
In Committee
07/15/2020
07/15/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to establish a designated port area community fund. Economic Development and Emerging Technologies.
AI Summary
This bill amends the existing law to establish a Designated Port Area Community Fund, which will be administered by the Massachusetts Development Finance Agency. The fund will provide economic assistance to properties located within designated port areas, using any appropriations, grants, gifts, or other monies specifically designated for the fund. The fund will be exempt from indirect and fringe benefits that would otherwise be assessed.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (7)
Mark Cusack (D),
Ann-Margaret Ferrante (D),
Pat Haddad (D),
David Nangle (D),
Sarah Peake (D),
Alice Peisch (D),
Paul Schmid (D),
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means (on 07/15/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H370 |
| Bill | https://malegislature.gov/Bills/191/H370.pdf |
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