MassachusettsAn Act empowering disadvantaged state contractors” provides up-front down payments and bridge loans to socially or economically disadvantaged microbusinesses and small businesses that secure state contracts through CDFIs and non-traditional lenders
What it does
By Representative Williams of Springfield, a petition (accompanied by bill, House, No. 315) of Bud L. Williams relative to low interest loans and procurement downpayment for certain micro- and small businesses.
More detail
Community Development and Small Businesses.
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Oct 9Bill reported favorably by committee and referred to the committee on House Ways and MeansLatest
- Jun 25Hearing rescheduled to 06/26/2025 from 10:00 AM-02:00 PM in B-1
- Jun 23Hearing scheduled for 06/26/2025 from 10:00 AM-02:00 PM in A-1
- Feb 27Senate concurred
- Feb 27Referred to the committee on Community Development and Small BusinessesIntroduced