Bill > H4722

This bill provides for a program of community development, economic opportunities, support for local governments, increased industry innovation, job creation and the promotion of economic reinvestment through the funding of infrastructure improvements. The key provisions of the bill include: - Establishing a grant program to coastal communities for maritime economy sector activities and climate change mitigation/adaptation efforts - Providing grants to Massachusetts-based companies commercializing technologies developed with federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) grants - Establishing matching grant programs for agricultural biotechnology, non-therapeutic biomanufacturing, and scientific and technology research and development - Funding programs to support small businesses, brownfield redevelopment, tourism, zoos, broadband infrastructure, and advanced manufacturing collaboration - Creating a capital grant program to support large, transformational economic development projects - Establishing a rural development program to promote economic opportunity and prosperity in rural communities - Expanding the mission and oversight of the Massachusetts Life Sciences Center, including focusing on health equity and diversity - Creating a climatetech industry tax incentive program to develop and expand climatetech industry-related employment and economic development - Establishing the Massachusetts State Athletic Commission to regulate combat sports and youth sports - Providing extensions for certain approvals and permits to support economic development - Authorizing bonds to finance the provisions of the bill.

Budget and Finance

Committee on Economic Development and Emerging Technologies (J)

https://malegislature.gov/Bills/193/H4722