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MA S2131

MA S2131
Establishing an office of economic empowerment


summary

Introduced
02/27/2025
In Committee
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)

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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