summary
Introduced
02/27/2025
02/27/2025
In Committee
02/09/2026
02/09/2026
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
For legislation to establish an office of economic empowerment. State Administration and Regulatory Oversight.
AI Summary
This bill establishes a new Office of Economic Empowerment within the Massachusetts State Treasurer's office, designed to promote economic mobility and financial independence for residents across the state. The office will be led by an executive director who will be responsible for developing and implementing equity-centered programs, policies, and partnerships aimed at providing equitable access to opportunities and resources. The executive director will have the authority, subject to appropriation, to hire and manage employees necessary to carry out the office's mission, and will operate under the overall direction and supervision of the state treasurer. The primary goal of this new office is to help residents improve their economic circumstances by creating targeted initiatives that address barriers to financial advancement and provide support for economic opportunities.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 02/09/2026)
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/194/S2131 |
| BillText | https://malegislature.gov/Bills/194/S2131.pdf |
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