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 economic impacts of loan forgiveness programs to ensure that college graduates stay, work, and build businesses in the Commonwealth. Economic Development and Emerging Technologies.
AI Summary
This bill establishes a special task force to review and report on the economic impact of loan forgiveness programs in Massachusetts. The 13-member task force, co-chaired by the House and Senate chairs of the Joint Committees on Economic Development and Emerging Technologies and Higher Education, will identify and review existing loan forgiveness laws and regulations, identify key labor sectors that could benefit from grants and fellowships, obtain reports from banks and technology companies, and develop recommendations for funding, regulating, and granting loan forgiveness to eligible applicants. The task force is required to submit a report, including any proposed legislation and regulations, to the state legislature within 12 months of the bill's passage.
Committee Categories
Business and Industry
Sponsors (5)
Last Action
Accompanied a study order, see H5004 (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/H524 |
| Bill | https://malegislature.gov/Bills/192/H524.pdf |
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