MA S260

Bill

Relative to investment in Massachusetts-based jobs

Introduced
03/29/2021

In Committee
03/29/2021

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to investment in Massachusetts-based jobs. Economic Development and Emerging Technologies.

AI Summary

This bill amends Chapter 23A of the General Laws to provide preference for the Economic Assistance Coordinating Council (EACC) to give tax credits to businesses that base their global or national headquarters and executive operations within Massachusetts. It also prohibits businesses that locate their headquarters and executive operations outside of Massachusetts from qualifying for multi-year tax credits. Additionally, the bill establishes an incentive program to encourage businesses with Massachusetts-based headquarters and operations to hire and retain new, permanent, full-time employees in the state, without requiring investment in improvements. The bill also directs the EACC to give special consideration to the impact of investment and job growth in rural and seasonal communities within Massachusetts.

Committee Categories

Business and Industry

Sponsors (1)

Julian Cyr (D)*,

Last Action

Accompanied a new draft, see S2735 (on 03/03/2022)

Official Document

https://malegislature.gov/Bills/192/S260

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/S260
Bill	https://malegislature.gov/Bills/192/S260.pdf

Bill	Bill Name	Last Action	Type
H1287	Relative to the nursing home quality jobs initiative	No further action taken	Similar To
S1169	Relative to state employment postings	Accompanied a study order, see S2697	Similar To
S1186	To establish the Massachusetts works progress administration	Accompanied a study order, see S2691	Similar To
S1876	Promoting rural jobs	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1908	Relative to reducing recidivism and employment discrimination against released prisoners	Accompanied a study order, see H5250	Similar To
S2024	Relative to the Boston Residents Job Policy	Accompanied a study order, see S2681	Similar To
S2052	To reduce the cost of government and create new jobs	Accompanied a study order, see S2681	Similar To
S2735	Relative to investment in Massachusetts-based jobs	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Replaced by

Bill > S260

MA S260

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

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