MA H215

Bill

Establishing a tax increment financing plan for new businesses

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

By Ms. Cariddi of North Adams, a petition of Gailanne M. Cariddi, Jason M. Lewis and Patricia A. Haddad that the Economic Assistance Coordinating Council under the oversight of the Secretary of Housing and Economic Development establish a tax increment financing program. Economic Development and Emerging Technologies.

AI Summary

This bill establishes a tax increment financing program to incentivize the development of new businesses in specific areas of Massachusetts. The program, overseen by the Economic Assistance Coordinating Council, will provide tax exemptions to qualifying businesses that are new to the state, meet job creation requirements, and operate in certain eligible industries. The bill outlines the criteria for businesses to participate in the program, the types of taxes and fees that can be exempted, and the timeline for implementing the program through regulations.

Committee Categories

Business and Industry

Sponsors (3)

Gailanne Cariddi (D), Pat Haddad (D), Jason Lewis (D),

Last Action

Accompanied a study order, see H4584 (on 06/07/2018)

Official Document

https://malegislature.gov/Bills/190/H215

(12 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H215
Bill	https://malegislature.gov/Bills/190/H215.pdf

Bill	Bill Name	Last Action	Type
H1016	Relative to business owners unemployment insurance benefits	Accompanied a study order, see H4729	Similar To
H1090	To establish commonsense permitting reforms for businesses and landowners	No further action taken	Similar To
H137	Allowing businesses to sign up for the "Do Not Call" list	No further action taken	Similar To
H1573	Relative to the property tax classification of small businesses	Accompanied a study order, see H4244	Similar To
H184	Prohibiting intentional misrepresentation by a business of its location	No further action taken	Similar To
H4584	Economic development study matters	Discharged to the committee on House Rules	Replaced by
H557	Reducing the costs for small business	Accompanied a study order, see H4778	Similar To
S118	Protecting the interests of shareholders	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1593	Establishing a tax credit for small businesses	Accompanied a study order, see S2497	Similar To
S1895	To foster artist businesses in Cultural Districts	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S199	To study the feasibility of streamlining business registration	Accompanied a study order, see S2486	Similar To
S628	To provide immediate relief to businesses on health care costs	Accompanied a study order, see S2535	Similar To

Bill > H215

MA H215

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary