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MA H511

Enabling the Massachusetts center for employee ownership


summary

Introduced
03/29/2021
In Committee
03/21/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to establish a center for employee ownership within the Massachusetts Office of Business Development. Economic Development and Emerging Technologies.

AI Summary

This bill establishes a Center for Employee Ownership within the Massachusetts Office of Business Development. The Center will provide education, outreach, and promotion of employee ownership, increase the number of employee-owned companies, and research and evaluate employee involvement and ownership in the state. The bill also creates an Advisory Board on Employee Ownership to advise the Governor and the Director of the Center on issues and policy matters related to employee involvement and ownership.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (8)

Last Action

No further action taken (on 01/03/2023)

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