MA S1547

Bill

To promote high-tech job growth in gateway cities

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to promote high-tech job growth in gateway cities. Revenue.

AI Summary

This bill aims to promote high-tech job growth in "gateway cities" in Massachusetts. It creates a tax credit of up to 10% of qualified investments made by taxpayers in small, Massachusetts-based high-tech businesses located in gateway municipalities, up to a maximum credit of $100,000 per year. The bill defines key terms such as "gateway municipality" and "small Massachusetts-based high-tech business." It also requires the Executive Office of Housing and Economic Development to review the effectiveness of the tax credit and provide legislative recommendations within 3 years of implementation. The bill will take effect upon passage.

Committee Categories

Budget and Finance

Sponsors (6)

Brian Ashe (D), Tony Cabral (D), Thomas Golden (D), Eric Lesser (D), Thomas McGee (D), Angelo Puppolo (D),

Last Action

Accompanied a study order, see S2497 (on 04/30/2018)

Official Document

https://malegislature.gov/Bills/190/S1547

(10 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S1547
Bill	https://malegislature.gov/Bills/190/S1547.pdf

Bill	Bill Name	Last Action	Type
H1095	Relative to smart growth multifamily housing production	Accompanied a study order, see H4590	Similar To
H128	Relative to smart growth housing production	Read second and ordered to a third reading	Similar To
H672	Relative to smart growth school cost reimbursement	No further action taken	Similar To
S1633	To promote business growth	Accompanied a study order, see S2497	Similar To
S1661	Removing impediments to corporate growth	Accompanied a study order, see S2497	Similar To
S1774	An act to promote private sector job growth and reduce state spending	Accompanied a study order, see H4481	Similar To
S2497	Order relative to authorizing the joint committee on Revenue to make an investigation and study of certain current Senate documents relative to revenue matters	Reported (in part) by S1507	Replaced by
S715	Updating chapter 40R	Accompanied a new draft, see S2130	Similar To
S80	Relative to the smart growth housing trust fund	Accompanied a study order, see S2342	Similar To
S88	Relative to encouraging the growth of small businesses	Accompanied a study order, see S2588	Similar To

Bill > S1547

MA S1547

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (6)

Last Action

Official Document

bill text

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