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An 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

Reported from committee: it can still change before the session ends.

MA H 315 · H · 194th

Stage
Reported from committee
Sponsor
1
Latest action
Oct 9, 2025

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. Community Development and Small Businesses.

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Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    Reported from committee · Oct 9, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in Massachusetts.

Work with this bill

An 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 | 52