summary
Introduced
01/23/2017
01/23/2017
In Committee
01/22/2018
01/22/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to state grants targeting minority communities and minority businesses. State Administration and Regulatory Oversight.
AI Summary
This bill aims to increase state funding and support for minority communities and minority-owned businesses in Massachusetts. It finds that the state has one of the highest racial and ethnic wealth gaps in the country, and that inadequate access to financial capital has limited the growth of minority-owned businesses. The bill requires the state to endeavor to allocate at least 15% of its total annual grant funding to minority communities and businesses with a majority-minority board of directors.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (2)
Last Action
No further action taken (on 01/01/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H1665 |
| Bill | https://malegislature.gov/Bills/190/H1665.pdf |
Loading...