An Act establishing a commission to study the financial relationship between Massachusetts entities and companies owned by the Chinese government
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates a commission to investigate the financial connections between businesses and organizations in Massachusetts and those owned or controlled by the Chinese government. The commission will include members of the Massachusetts General Court and will examine these relationships to assess any potential risks or impacts. The goal is to understand and potentially mitigate any concerns related to economic activity and national security.
Key provisions
- Establish a commission to study financial relationships.
- Include members of the General Court in the commission.
- Focus on connections between Massachusetts entities and companies owned by the Chinese government.
- Assess potential risks and impacts of these relationships.
- Conduct a thorough investigation of relevant financial data.
Who is affected
- Massachusetts businesses
- Companies owned by the Chinese government
- The Massachusetts General Court
- Investors in Massachusetts companies
- Economic Development and Emerging Technologies sector
Notable changes
- This bill creates a new mechanism for investigating financial ties.
- It specifically targets relationships with Chinese government-linked entities.
Bill text
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Sponsors
Official sponsors from legislative records.
7 on record
Primary sponsor
Bradley H. Jones Jr.
Cosponsors
Bradley H. Jones Jr.
Kimberly N. Ferguson
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