SENATE DOCKET, NO. 2174        FILED ON: 11/3/2014

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

The Commonwealth of Massachusetts

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PRESENTED BY:

Bruce E. Tarr, (BY REQUEST)

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act establishing the Culture & Company Investment Corporation Law-“CCIC’s Law”.

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PETITION OF:

SENATE DOCKET, NO. 2174        FILED ON: 11/3/2014

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

The Commonwealth of Massachusetts

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In the Year Two Thousand Fourteen

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An Act establishing the Culture & Company Investment Corporation Law-“CCIC’s Law”.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Culture & Company Investment Corporation Law-“CCIC’s Law”-

Definition-”CCIC”- is acronym for “Culture & Company Investment Corporation.” 

Appropriation to pay for the labor and materials of artistic developments of Massachusetts residents who register for commercial artist license who voluntary pursue to contribute to the development and growth of the commercial artist community of Massachusetts as a person, project, organization or investor.

Section 1-Commisioner of the Culture & Company Investment Corporation is reported to the comptroller of the currency and the Massachusetts State Treasury as a the trustee of a Culture & Company Investment Corporation Trust for collection and transaction of unused currency for appropriation to administer the Culture & Company Investment Corporation Law to licensed applicants throughout the State of Massachusetts.

a.  Culture & Company Investment Corporation Trust is administered to collect and transact investments, interest and administrative labor and material costs involved in operating and growing the development of the commercial artist community of Massachusetts with appropriation budget for commercial projects in the area of museums, education and cultural exhibit space purposed to inspire the tourism experience of Massachusetts to a global audience.

Section 2- CCIC Trust is appropriated by the comptroller of the currency and in agreement with the Massachusetts treasurer and the common law of Massachusetts a $100 billion dollar compact to maintain and operate the statewide developments of the Culture & Company Investment Corporation and to provide the public benefit of license and appropriations to grow the Massachusetts Commercial Artist Community.

a. CCIC Trust is appropriated a daily interest at a standard rate of 100% of the principle balance to issue currency of the treasury to settle all public depts with applicants of the Culture & Company Investment Corporation Law.

b. CCIC Trust is to collect and maintain a record of transfers and report the activity of the Trust to the state of Massachusetts.

I.   CCIC Law produces copies of the annual operating report of all finance, administrative costs and revenue from investors delivered by request to all legislature of the State of Massachusetts.

II.  CCIC Law produces additional copies of the annual operating report for the general public with written request to the commissioner.

III.  CCIC Law produces application and appropriations for persons of the Massachusetts Commercial Artist community who pursue grants and contracting opportunities to develop the Massachusetts Cultural experience and inspire the residents of Massachusetts with interactive commercial artistry exhibited throughout the state of Massachusetts.

Section 3-  CCIC Law appropriates grants of $1 billion dollars to the developers of statewide museum projects to explore and demonstrate underserved licensed members of the Massachusetts Commercial Artist Community. 

a.  The Massachusetts Museum of Culinary Art has been selected as recipient of “Museum grant” to pursue the development of a statewide culinary art tourism program and museum facility fund.  The objective of the museum is to educate student and adult tourists of Massachusetts, grow the commercial culinary artist community of Massachusetts, develop fully funded opportunities and exhibit space for licensed culinary artists to demonstrate their art and attract tourism of the culinary arts from around the world to experience Massachusetts.