SENATE DOCKET, NO. 289        FILED ON: 1/10/2025

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

The Commonwealth of Massachusetts

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PRESENTED BY:

Julian Cyr

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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 relative to investment in Massachusetts-based jobs.

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PETITION OF:

SENATE DOCKET, NO. 289        FILED ON: 1/10/2025

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

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 2602 OF 2023-2024.]

The Commonwealth of Massachusetts

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

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An Act relative to investment in Massachusetts-based jobs.

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 3C of chapter 23A, as appearing in the 2022 Official Edition, is hereby amended by adding the following 2 subsections:-

(e) Notwithstanding subsections (b) and (c), the EACC shall, by guideline or regulation, establish an incentive program to encourage controlling businesses that locate their global or national headquarters and executive operations within the commonwealth to hire and retain new, permanent, full-time employees in the commonwealth, provided however that the business shall not be required to invest in improvements to receive tax credits as part of the program established under this subsection.

(f) The EACC shall give special consideration to the impact of investment and job growth in rural and seasonal communities within the commonwealth.

SECTION 2. Section 3D of said chapter 23A, as so appearing, is hereby amended by striking out, in line 25, the word "and".

SECTION 3. Said section 3D of said chapter 23A, as so appearing, is hereby amended by inserting after the word "project", in line 29, the following words:-

; and (viii) preference shall be given by the EACC to a controlling business that already bases its global or national headquarters and executive operations within the commonwealth