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Bill > H183

MA H183

Relative to the development of a strategy supporting micro businesses in inner city communities

summary

Introduced
01/22/2019
In Committee
02/24/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to establish the micro and minority business strategy committee to develop strategies for supporting micro businesses in inner city communities. Community Development and Small Businesses.

AI Summary

This bill establishes the Micro and Minority Business Strategy Committee (MMBSC) to develop strategies for supporting micro businesses (businesses with 20 or fewer full-time employees and a certain level of gross income) and minority-owned businesses (businesses beneficially owned by one or more minority owners) in inner city communities. The MMBSC, which is placed within the Executive Office of Housing and Community Development, has various powers, including implementing an economic development strategy, acquiring and disposing of property, and providing advisory services and technical assistance. The bill also allows the state treasurer to purchase shares of the MMBSC, with the proceeds used to support the committee's activities.

Committee Categories

Business and Industry

Sponsors (24)

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)

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Document Type Source Location
State Bill Page https://malegislature.gov/Bills/191/H183
Bill https://malegislature.gov/Bills/191/H183.pdf
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