Massachusetts H 5576: An Act relative to economic development in the commonwealth

Bill Text

1 of 225 
        FILED ON: 7/13/2026 
HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 5576 
House bill No. 5562, amended and passed to be engrossed by the House. July 8, 2026. 
 
The Commonwealth of Massachusetts 
 
_______________
 
In the One Hundred and Ninety-Fourth General Court 
(2025-2026) 
_______________
 
 
An Act relative to economic development in the commonwealth. 
 
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to 
drive industry innovation and promote economic opportunity and job creation, therefore it is 
hereby declared to be an emergency law, necessary for the immediate preservation of the public 
convenience. 
 
 Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority 
of the same, as follows: 
 
1 SECTION 1. To provide for a program of community development, economic 
2opportunities, support for local governments, increased industry innovation, job creation and the 
3promotion of economic reinvestment through the funding of infrastructure improvements the 
4sums set forth in section 2 for the several purposes and subject to the conditions specified in this 
5act, are hereby made available, subject to the laws regulating the disbursement of public funds. 
6These sums shall be in addition to any amounts previously authorized and made available for the 
7purposes of those items. The sums set forth in section 2 shall be made available until June 30, 
82036. 
9 SECTION 2. 
10EXECUTIVE OFFICE OF ECONOMIC DEVELOPMENT 

2 of 225 
11Office of the Secretary 
12 7002-8079 For a capital grant program to be administered by the executive office of 
13economic development to provide grants to private businesses that are constructing or expanding 
14commercial, industrial or manufacturing facilities in the commonwealth, which may include, but 
15shall not be limited to: (i) the construction or expansion of facilities in a manner that eliminates 
16or minimizes the use of fossil-fuel heating and cooling equipment, or incorporates other 
17decarbonization measures that would not otherwise be incorporated into the facility design; (ii) 
18the integration of design features that make a facility more resilient to the impacts of climate 
19change, where such design features would not otherwise be economically feasible; and (iii) 
20capital investments that support the creation of a significant number of new jobs in the 
21commonwealth; provided, that the secretary of economic development shall issue program 
22guidelines around the administration of the program which may include the administration of the 
23program through a contract with the Massachusetts Development Finance Agency established in 
24section 2 of chapter 23G of the General Laws, or any other appropriate quasi-governmental 
25agency; and provided further, that grants shall be awarded in a manner that promotes geographic 
26equity...........................................................................................$25,000,000 
27 7002-8080 For the executive office of economic development to make grants to 
28support the development and application of artificial intelligence technologies in strategically 
29important sectors of the state’s economy including, but not limited to, life sciences, healthcare, 
30advanced manufacturing, climatetech, quantum, defense technology, transportation and robotics; 
31provided that grants may be made from this item to public entities, non-profit entities and private 
32businesses; and provided further, that, at the discretion of the secretary of economic 
33development, grant funding may be administered by the Massachusetts Technology Park 

3 of 225 
34Corporation, the Massachusetts Life Sciences Center, the Massachusetts Technology 
35Development Corporation, or the Massachusetts Clean Energy Technology 
36Center.....................................................................................................................$75,000,000 
37 7002-8081 For the executive office of economic development to provide capital 
38grants to support the construction, fit-out, and improvement of 1 or more sites where early stage 
39and high growth business ventures are encouraged to establish operations in the commonwealth; 
40provided that the executive office may contract with the Massachusetts Development Finance 
41Agency, or other state authority as defined in section 1 of chapter 29 of the General Laws, to 
42administer the grants or other financial assistance from this line item; and provided further, that 
43grants shall be awarded in a manner that promotes geographic equity...............$20,000,000 
44 7002-8082 For the executive office of economic development for investments in 
45capital assets or public infrastructure that promote economic growth, job creation, and talent 
46recruitment and retention in the defense sector, including to support innovation in defense related 
47technologies such as artifi