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Bill > H527


MA H527

Relative to transformative development initiatives in rural communities


summary

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

Introduced Session

192nd General Court

Bill Summary

Relative to transformative development initiatives in rural communities. Economic Development and Emerging Technologies.

AI Summary

This bill amends Chapter 23G of the General Laws to allow the Massachusetts Growth Capital Corporation fund director to allocate up to 10% of the fund's original capitalization to provide technical assistance to revitalize and support development in rural municipalities. This assistance can be provided through grants to hire professional staff or services, reimbursement for agency staff embedded in rural municipalities or regional planning authorities, or other forms of technical assistance consistent with the new subsection.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Accompanied a new draft, see H4548 (on 03/24/2022)

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