summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation to establish a designated port area community fund. Economic Development and Emerging Technologies.
AI Summary
This bill amends existing law to redefine "Gateway municipality" to include municipalities that contain or are part of a designated port area, which is a specific geographic zone identified for port-related economic development. Crucially, the bill establishes a "Designated Port Area Community Fund" to be managed by the Massachusetts Development Finance Agency (MDFA), a state agency focused on economic development. This fund will receive appropriations, grants, gifts, and investment income, and its monies will be used without further legislative approval to support economic development and provide assistance to properties within designated port areas. Any unspent funds will carry over to the next fiscal year, and the fund will be exempt from certain state administrative costs.
Committee Categories
Business and Industry
Sponsors (17)
Ann-Margaret Ferrante (D)*,
Tony Cabral (D),
Nick Collins (D),
Brendan Crighton (D),
Mark Cusack (D),
Robert Fennell (D),
Carole Fiola (D),
Pat Haddad (D),
Robert Koczera (D),
Thomas McGee (D),
Joe McGonagle (D),
James Murphy (D),
Danny Ryan (D),
Paul Schmid (D),
Alan Silvia (D),
Bruce Tarr (R),
Paul Tucker (D),
Last Action
Accompanied a study order, see H4618 (on 09/22/2016)
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/189/House/H3219 |
| State Bill Page | https://malegislature.gov/Bills/189/H3219 |
| Bill | https://malegislature.gov/Bills/189/H3219.pdf |
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