MA H2830

Bill

MA H2830

Establishing the Massachusetts rural jobs act

Introduced
03/29/2021

In Committee
04/07/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to attract capital investment to businesses in rural areas. Revenue.

AI Summary

This bill establishes the Massachusetts Rural Jobs Act, which aims to attract capital investment to businesses in rural areas of the Commonwealth in order to promote job retention and creation, and attract new businesses and industries. The bill allows for the creation of "rural growth funds" that can receive tax-credit eligible capital contributions, which they must then invest in "rural business concerns" (i.e. small businesses in rural areas). The bill outlines the application process for these rural growth funds, the requirements they must meet, and the conditions under which tax credits can be revoked. It also requires rural growth funds to report on the jobs created and retained as a result of their investments. The bill directs the Massachusetts Office of Business Development to adopt rules to implement the program.

Committee Categories

Budget and Finance

Sponsors (4)

Natalie Blais (D)*, Mindy Domb (D), Sarah Peake (D), Lindsay Sabadosa (D),

Last Action

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

Official Document

https://malegislature.gov/Bills/192/H2830

(9 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H2830
Bill	https://malegislature.gov/Bills/192/H2830.pdf

Bill	Bill Name	Last Action	Type
H1150	Reducing the costs for small business	No further action taken	Similar To
H3138	Relative to the fair participation of minority and women-owned businesses on public construction projects	No further action taken	Similar To
H346	Allowing businesses to sign up for the "Do Not Call" list	Accompanied a study order, see H4880	Similar To
S1060	To increase transparency in the Massachusetts land record systems to protect the property rights of homeowners and businesses	Accompanied a study order, see S2838	Similar To
S153	Encouraging the growth of small businesses	Bill reported favorably by committee and referred to the committee on Senate Rules	Similar To
S2051	Reducing the costs for small businesses	Accompanied H3121	Similar To
S2165	Increasing solar rooftop energy	Accompanied a study order, see S2715	Similar To
S2256	Relative to personal delivery devices	Accompanied a study order, see S2981	Similar To
S2536	Relative to small businesses and the sale of certain cultural products	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To

Bill > H2830

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (4)

Last Action

Official Document

bill text

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