An Act including worker-owned businesses economic development programs
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to support economic development in Massachusetts by specifically focusing on worker-owned businesses. It intends to create and expand programs designed to foster growth within these businesses and the communities they operate in. The legislation seeks to provide resources and initiatives tailored to the unique needs of businesses where employees also own a stake. It is part of a series of bills addressing economic development initiatives within the state.
Key provisions
- Establishment of economic development programs for worker-owned businesses.
- Support for initiatives aimed at fostering economic growth in communities.
- Potential provision of resources to these businesses.
- Focus on businesses where employees have ownership stakes.
Who is affected
- Worker-owned businesses
- Massachusetts communities
- Small business owners
- Employees of worker-owned businesses
Bill text
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Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Jacob R. Oliveira
Cosponsors
Jacob R. Oliveira
Steven Owens
Arguments
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