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Bill > H504


MA H504

To provide direct investment for job creation and business expansion in rural communities


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 authorize the Department of Housing and Economic Development to provide direct investment for job creation and business expansion in rural communities. Economic Development and Emerging Technologies.

AI Summary

This bill authorizes the Department of Housing and Economic Development to establish a rural development initiative, which will be administered by the Massachusetts Development Finance Agency. The initiative will provide technical assistance to identify and implement strategies that will spur direct investment in rural communities to create jobs and expand businesses, identify cross-sector partnerships, accelerate community engagement in actionable planning, and implement local economic development initiatives. The initiative will be developed in consultation with the Rural Policy Advisory Commission.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (2)

Last Action

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

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