HOUSE DOCKET, NO. 1377 FILED ON: 1/15/2015
HOUSE . . . . . . . . . . . . . . . No. 302
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The Commonwealth of Massachusetts
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PRESENTED BY:
Chris Walsh
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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 to promote local economic development.
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PETITION OF:
Name: | District/Address: | Date Added: |
Chris Walsh | 6th Middlesex | 1/15/2015 |
Denise Provost | 27th Middlesex | 8/21/2019 |
Michael O. Moore | Second Worcester | 8/21/2019 |
Louis L. Kafka | 8th Norfolk | 8/21/2019 |
James B. Eldridge | Middlesex and Worcester | 8/21/2019 |
Robert M. Koczera | 11th Bristol | 8/21/2019 |
Jason M. Lewis | Fifth Middlesex | 8/21/2019 |
Carolyn C. Dykema | 8th Middlesex | 8/21/2019 |
James J. O'Day | 14th Worcester | 8/21/2019 |
Bruce E. Tarr | First Essex and Middlesex | 8/21/2019 |
James M. Murphy | 4th Norfolk | 8/21/2019 |
Tom Sannicandro | 7th Middlesex | 8/21/2019 |
Paul Brodeur | 32nd Middlesex | 8/21/2019 |
Donald H. Wong | 9th Essex | 8/21/2019 |
HOUSE DOCKET, NO. 1377 FILED ON: 1/15/2015
HOUSE . . . . . . . . . . . . . . . No. 302
By Mr. Walsh of Framingham, a petition (accompanied by bill, House, No. 302) of Chris Walsh and others for legislation to authorize the Executive Office of Housing and Economic Development to establish a local economic development assistance program. Economic Development and Emerging Technologies. |
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act to promote local economic development.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Chapter 23A of the General Laws is hereby amended by adding after section 64 the following section:-
Section 65. (a) The executive office of housing and economic development shall establish a local economic development assistance program. The purpose of the program shall be to provide technical assistance and financial assistance, in the form of grants, to cities and towns.
(b) To participate in the local economic development assistance program, a city or town, or two or more cities or towns applying jointly, shall: (1) file an application for technical assistance with the executive office of housing and economic development in a form and manner to be prescribed by the office; and (2) complete an economic self-assessment identifying opportunities for growth. Following completion of the economic self-assessment, the city or town, or two or more cities or towns applying jointly, shall be deemed eligible to apply for financial assistance.
(c) An eligible city or town, acting by and through its municipal officers or by and through any agency designated by such municipal officers to act on their behalf, may apply to the program for a grant in a specific amount to fund a development initiative identified as an opportunity for growth in the economic self-assessment. Two or more municipalities may apply jointly, with 1 municipality acting as fiscal agent, or through a regional planning agency acting as fiscal agent. The grants may be made in addition to other forms of local, state, and federal assistance.
(d) Funding for the local economic development assistance program in any single fiscal year shall be available subject to appropriation in a total amount of not more than $10 million, or through other funds as the governing board of the Massachusetts Development Finance Authority shall provide.
(e) The office shall adopt rules, regulations, and guidelines for the administration and enforcement of this section, including, but not limited to, establishing applicant criteria, application forms and procedures, and reporting requirements.
(f) The office shall annually, no later than April 1, submit a report to the clerks of the senate and house of representatives, the joint committee on economic development and emerging technologies, the joint committee on state administration and regulatory oversight, and the senate and house committees on ways and means detailing the expenditures and results relative to the local economic development assistance program.