Bill

Bill > H410


MA H410

MA H410
Relative to the development of the Massachusetts office of micro and minority-owned businesses


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to the development of micro and minority-owned businesses. Economic Development and Emerging Technologies.

AI Summary

This bill establishes the Massachusetts Office of Micro and Minority-Owned Businesses (MOMMOB) within the Executive Office of Housing and Economic Development. MOMMOB will be funded through 50% of the annual appropriations to the community empowerment reinvestment grant program and will work to address longstanding inequalities for minority business owners in gateway communities by assisting in creating entrepreneurship opportunities. The MOMMOB board will consist of 9 members, including the Secretary of Housing and Economic Development, the Assistant Secretary of Business Development, and the Secretary of the Executive Office for Administration and Finance, as well as 6 gubernatorial appointees representing micro and minority business owners from gateway communities. MOMMOB will have the power to implement a micro and minority business economic development strategy, adopt bylaws, acquire and dispose of property, and hire staff. The MOMMOB director will submit annual reports to the state legislature, and the state auditor will examine the agency's finances and operations.

Committee Categories

Business and Industry

Sponsors (23)

Last Action

Accompanied a study order, see H4593 (on 05/15/2024)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/H410
BillText https://malegislature.gov/Bills/193/H410.pdf
Loading...