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Bill > H216


MA H216

MA H216
Relative to the development of a strategy supporting micro businesses in inner city communities


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 establish the micro and minority business strategy committee to develop strategies for supporting micro businesses in inner city communities. Economic Development and Emerging Technologies.

AI Summary

This bill establishes the Micro and Minority Business Strategy Committee (MMBSC), a public instrumentality placed within the Executive Office of Housing and Community Development. The MMBSC is tasked with developing strategies to support micro businesses (those with 20 or fewer employees) and minority-owned businesses in inner city communities. The bill defines the composition and powers of the MMBSC, which include implementing an economic development strategy, acquiring and investing in businesses, and providing technical assistance. The MMBSC is required to submit annual reports and be audited by the state auditor.

Committee Categories

Business and Industry

Sponsors (19)

Last Action

Accompanied a new draft, see H4406 (on 04/11/2018)

bill text


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