SENATE DOCKET, NO. 1920        FILED ON: 1/20/2023

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 232

The Commonwealth of Massachusetts

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PRESENTED BY:

Paul W. Mark

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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 provide direct investment for job creation and business expansion in rural communities.

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PETITION OF:

SENATE DOCKET, NO. 1920        FILED ON: 1/20/2023

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 232

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 266 OF 2021-2022.]

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Third General Court
(2023-2024)

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An Act to provide direct investment for job creation and business expansion in rural communities.

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

Chapter 6A of the General Laws is hereby amended by adding the following subsection in Section 16G:-

(o.) The secretary of housing and economic development shall, in consultation with the Rural Policy Advisory Commission, establish a rural development initiative to be administered by the executive office through a contract with the Massachusetts Development Finance Agency established by section 2 of chapter 23G. The initiative will provide technical assistance to identify and implement strategies that will spur direct investment in rural communities to create jobs and expand businesses, identify cross-sector partnerships, accelerate the engagement of community members in actionable planning, and implement local economic development initiatives.