Budget Amendment ID: FY2022-S3-853

ECO 853

Small Business Relief Grants

Messrs. O'Connor, Tarr and Fattman moved that the proposed new text be amended in section 2, in item 7002-0040, by adding the following words:- “provided further, that the Massachusetts Growth Capital Corporation shall allocate $8,000,000 to the Small Business Relief Fund, provided that these grants shall only be distributed to companies or corporations owned or legally established between June 30, 2019 and March 10, 2020 who satisfy promulgated criteria;” and by striking the figure “$5,000,000” and inserting in place thereof the following figure:- “$13,000,000”