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MA S153

Encouraging the growth of small businesses


summary

Introduced
03/29/2021
In Committee
01/31/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to encourage the growth of small businesses. Community Development and Small Businesses.

AI Summary

This bill aims to encourage the growth of small businesses by defining the criteria for a "bona fide business entity" in Massachusetts. The key provisions are: (1) A business entity that provides services under a written contract is not considered an employee for the purposes of taxation and labor laws, provided it meets certain requirements; (2) The business entity must be registered and in good standing, report its income as an independent business, report compensation paid to its employees, and comply with relevant tax, insurance, and employment laws. This bill seeks to clarify the legal status of small businesses and independent contractors, potentially making it easier for them to operate and grow within the state.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Rules (on 01/31/2022)

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