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Senate Approves Economic Development Bill; Restores Some Training Funds

Posted by Brad MacDougall on Apr 11, 2010 9:46:00 AM

The Massachusetts Senate last week unanimously approved an economic development bill and finalized a supplemental budget to reduce a projected $605 million state budget shortfall.

The economic development legislation seeks to streamline the commonwealth's economic development services to employers.  John Regan, Executive Vice President of Government Affairs at AIM, testified in support of the initiative, "Re-organization is a good thing - thinking about the service delivery system, its form, function and efficacy means that system is not allowed to become stale and complacent," he told lawmakers.

The legislation includes multiple provisions important to employers, including regulatory reform through a "sunset commission;" the merger of several state economic development agencies; a requirement that agencies seeking to establish new regulations determine their impact on small business; and a study of the cost, reliability and economic impact of electricity.

Senators debated 96 amendments as part of the larger discussion of the economic development bill. AIM sent a letter to Senate President Murray and every member of the Senate to express the association's position on amendments with direct implications for the Massachusetts business climate. AIM has a long history of advocacy regarding these issues.  Here is a scorecard on how the Senate voted on the amendments:

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Topics: Massachusetts Legislature, Associated Industries of Massachusetts, AIM, Economic Development, Senate President Therese Murray

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