SENATE DOCKET, NO. 2400        FILED ON: 1/17/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 816

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Jacob R. Oliveira

_________________

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 including worker-owned businesses economic development programs.

_______________

PETITION OF:

 

Name:

District/Address:

 

Jacob R. Oliveira

Hampden, Hampshire and Worcester

 

Steven Owens

29th Middlesex

1/27/2025


SENATE DOCKET, NO. 2400        FILED ON: 1/17/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 816

By Mr. Oliveira, a petition (accompanied by bill, Senate, No. 816) of Jacob R. Oliveira and Steven Owens for legislation to support businesses where employees have ownership stakes within initiatives aimed at fostering economic growth in a community.  Financial Services.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Fourth General Court
(2025-2026)

_______________

 

An Act including worker-owned businesses economic development programs.

 

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. Section 48(c) of chapter 23G of the General Laws, is hereby further amended by inserting after the words “women-owned contractors” the following:- worker-owned contractors

SECTION 2. Section 48(d) of chapter 23G of the General Laws, is hereby amended by inserting after the words “and minority-owned” the following:- worker-owned,

SECTION 3. Section 48(i) of chapter 23G of the General Laws, is hereby amended by inserting after the word “minority-” the following:- worker-,