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Bill > H4548


MA H4548

Relative to transformative development initiatives in rural communities


summary

Introduced
03/24/2022
In Committee
03/24/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to transformative development initiatives in rural communities

AI Summary

This bill amends Chapter 23G of the General Laws to authorize the Massachusetts Growth Capital Corporation (the "fund director") to allocate up to 10% of its original capitalization to provide technical assistance to revitalize and support development in rural municipalities with a median household income below the state average. The technical assistance can be provided through grants to support the hiring of professional staff or services by rural municipalities, instrumentalities, or regional planning authorities, reimbursement for professional staff embedded in these entities, grants to pay for third-party professional services, or other variations on technical assistance consistent with this section.

Committee Categories

Budget and Finance

Sponsors (3)

Other Sponsors (1)

Committee on Economic Development and Emerging Technologies (J)

Last Action

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

bill text


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