Bill > H3425

This bill establishes an Office of Economic Empowerment within the Massachusetts State Treasurer's office, designed to promote economic mobility and financial independence for state residents. The new office will focus on providing equitable access to opportunities and resources through equity-centered programs, policies, and partnerships. It will be led by an executive director who will serve as the administrative head and will be responsible for implementing the office's mission under the supervision of the State Treasurer. The executive director will have the authority, subject to budgetary appropriations, to hire and manage employees necessary to carry out the office's work, with the total salary expenses limited to the amount allocated by the state legislature. The primary goal of this office appears to be addressing economic disparities and helping Massachusetts residents achieve greater financial stability and opportunity through targeted initiatives and support.

Government Affairs

https://malegislature.gov/Bills/194/H3425