summary
Introduced
01/22/2019
01/22/2019
In Committee
02/24/2020
02/24/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to state grants targeting minority communities. Community Development and Small Businesses.
AI Summary
This bill aims to increase state grant funding for minority communities and minority-owned businesses in Massachusetts. The key provisions are: (1) the state should invest in minority businesses to protect their existence and growth, (2) Massachusetts has one of the highest wealth gaps by race and ethnicity, and (3) minority-owned businesses face inadequate access to financial capital. The bill requires the state to allocate at least 15% of its total grant funding each year to minority communities and businesses with a majority minority board of directors.
Committee Categories
Business and Industry
Sponsors (6)
Marcos Devers (D),
Carlos González (D),
Rady Mom (D),
Jon Santiago (D),
José Tosado (D),
Bud Williams (D),
Last Action
Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next sitting, the question being on acceptance (on 02/24/2020)
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/H184 |
| Bill | https://malegislature.gov/Bills/191/H184.pdf |
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