Act Relative to Strengthening Massachusetts' Economic Leadership looks to the future by pairing bond authorizations for both well-established programs and new initiatives with a series of policy reforms that advance the Healey-Driscoll Administration’s core principles of competitiveness, affordability, and equity across all regions and humans in Massachusetts. Notably, this bill includes the Healey-Driscoll Administration’s climatetech initiative and a reinvigoration of the state’s life sciences strategy. Aligned with the administration’s 2023 economic development plan, this proposal is focused on three priority areas: Fundamentals, Talent, and Sectors, and is designed to leverage the Commonwealth's existing strengths to drive economic growth and innovation across the state.
More details on the bill can be found in the below summary briefs and on the press release issued March 1, 2024.