summary
Introduced
09/08/2025
09/08/2025
In Committee
09/08/2025
09/08/2025
Crossed Over
Passed
Dead
Introduced Session
194th General Court
Bill Summary
Improving micro business and small business representation
AI Summary
This bill modifies the composition of the board of directors for a state economic development agency by expanding the board from 15 to 17 members, with two new positions specifically added to improve representation of diverse business owners. The new board members will include one member experienced in supporting the growth of businesses owned by individuals from diverse communities and one member who is a microbusiness owner. The bill maintains the existing requirement that board members are appointed by the governor for three-year terms, with the secretary of economic development serving as board chairperson. The two new board members must be appointed within 30 days of the bill's effective date. The bill aims to enhance small business and microbusiness representation in the state's economic development decision-making process by ensuring these businesses have direct representation on the agency's governing board. This change reflects a commitment to supporting and amplifying the voices of smaller and more diverse business enterprises in the state's economic planning and development strategies.
Committee Categories
Budget and Finance
Sponsors (2)
Other Sponsors (1)
Committee on Community Development and Small Business (J)
Last Action
Bill reported favorably by committee and referred to the committee on House Ways and Means (on 09/08/2025)
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/H4460 |
BillText | https://malegislature.gov/Bills/194/H4460.pdf |
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