Jobs bill gets prioritized in House
BOSTON, Massachusetts: The Massachusetts House of Representatives outlined a jobs bill on Monday that will establish new incentives, funding, and programs to boost the state's innovation economy. Of the bill, Speaker of the House Robert DeLeo said, "We cannot allow companies, such as Facebook, ... to start in Massachusetts and then to move elsewhere." Included in the bill is an additional $50 million innovation investment fund to support research at universities, a new manufacturing grant program aimed at small businesses, and expanded efforts to expedite permitting.
A final cost for the bill has not been announced, as it still has to make its way through the House Bonding Committee, the Ways and Means Committee, and then to the floor for debate. While a member of the Patrick administration seemed receptive to many of the bills components, members of the Senate have yet to endorse the bill.
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- [http://www.cbsnews.com/8301-505248_162-57434053/mass-democrats-announce-jobs-bill/ CBS News "Mass. Democrats announce jobs bill," Accessed May 14, 2012
- Wbur "Mass. House Leaders Tie Jobs Bill To Innovation Economy," Accessed May 14, 2012