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Bill > S201


MA S201

To provide for loans for waterfront development


summary

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 provide for loans for waterfront development. Economic Development and Emerging Technologies.

AI Summary

This bill provides for the Massachusetts Development Finance Agency to establish a revolving fund of up to $10 million to offer interest-free or low-interest loans to rehabilitate existing infrastructure in waterfront areas to encourage and assist industrial and commercial development and activities. The state treasurer is authorized to issue and sell bonds upon the governor's request to meet the necessary expenditures for carrying out this program, as specified in existing legislation.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see S2486 (on 04/26/2018)

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