summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to providing for state grants targeting minority communities. Community Development and Small Businesses.
AI Summary
This bill aims to provide state grants targeting minority communities and businesses. The key provisions are: (1) the Commonwealth should invest in minority businesses to protect their existence and growth, given the high wealth gap by race and ethnicity, and the limited access to financial capital that minority-owned businesses face; and (2) the Commonwealth shall endeavor to allocate at least 15% of the total state grant funds committed each year to minority communities and minority businesses with more than 50% minority board membership.
Committee Categories
Business and Industry
Sponsors (9)
Carlos González (D)*,
Mike Day (D),
Marcos Devers (D),
Michelle DuBois (D),
Nika Elugardo (D),
Russell Holmes (D),
Orlando Ramos (D),
Dan Sena (D),
Bud Williams (D),
Last Action
Accompanied a study order, see H5027 (on 08/22/2022)
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/192/H289 |
| Bill | https://malegislature.gov/Bills/192/H289.pdf |
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