MA H4572

Bill

Providing continued investment in the life sciences industry in the Commonwealth

Introduced
06/06/2018

In Committee

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Text of a further amendment (offered by Mr. Wagner of Chicopee) to the Senate amendment of the House Bill providing continued investments in the life sciences industry in the Commonwealth (House, No. 4501, amended). June 6, 2018.

AI Summary

This bill provides continued investment in the life sciences industry in the Commonwealth. Key provisions include: - Allocating $472,970,000 to the Massachusetts Life Sciences Investment Fund for various capital projects at the University of Massachusetts campuses and other institutions, including for biotechnology and precision manufacturing research and training, nursing innovation, biomanufacturing, and neuroscience workforce development. - Increasing the annual cap on the Life Sciences Tax Incentive Program from $25 million to $30 million. - Expanding the Life Sciences Tax Incentive Program to include high school and community college internships, with additional consideration given to minority students. - Extending the Life Sciences Tax Incentive Program from 2018 to 2028. The bill aims to support continued job growth, workforce development, and scientific innovation in the life sciences industry across the Commonwealth.

Sponsors (1)

Joseph Wagner (D),

Last Action

Text of an amendment, see H4501 (on 06/06/2018)

Official Document

https://malegislature.gov/Bills/190/H4572

(7 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H4572
Bill	https://malegislature.gov/Bills/190/H4572.pdf

Bill	Bill Name	Last Action	Type
H1677	Relative to prohibiting pay-to-play schemes	Accompanied a study order, see H4481	Similar To
H1725	Relative to local energy investment and infrastructure modernization	Accompanied a study order, see H4651	Similar To
H2528	To increase membership in the PRIM board	Accompanied a study order, see H4654	Similar To
H4432	Providing continued investment in the life sciences industry in the Commonwealth.	New draft substituted, see H4501	Similar To
H4501	Providing continued investment in the life sciences industry in the Commonwealth	Signed by the Governor, Chapter 112 of the Acts of 2018	Replaced by
S1123	Authorizing municipal use of the prudent investor standards	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S585	Relative to the investment authority of the Massachusetts Credit Union Share Insurance Corporation	Accompanied a study order, see S2496	Similar To

Bill > H4572

MA H4572

summary

Introduced Session

Bill Summary

AI Summary

Sponsors (1)

Last Action

Official Document

bill text

bill summary

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