Bill

Bill > S186


MA S186

To establish Gateway City Opportunity Zones


summary

Introduced
01/23/2017
In Committee
02/05/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to establish Gateway City Opportunity Zones. Economic Development and Emerging Technologies.

AI Summary

This bill establishes the Gateway City Opportunity Zones program, which aims to encourage recent college or university graduates to work and live in designated "gateway municipalities" in Massachusetts. The program provides financial assistance to participants by repaying up to $250 per month of their qualified education loans for up to 60 months, as long as they maintain residency and employment within the designated municipalities. The program is administered by the Board of Education and is subject to appropriation. The bill also requires the Board to report annually on the status of the program, including the number of applicants and participants, the total program costs, and efforts to publicize the program.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (9)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 02/05/2018)

bill text


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