Governor Charlie Baker today signed comprehensive economic development legislation into law, providing up to $1 billion in new investments in communities, workforce training, and innovation across Massachusetts, and deepening the state\u2019s economic competitiveness.\n\nThe new economic development law,\u00a0An Act Relative to Job Creation and Workforce Development\u00a0(H. 4569), advances job creation by expanding the Baker-Polito Administration\u2019s commitment to building a skilled workforce and connecting residents to economic opportunities, strengthening community and housing development efforts, and investing in the emerging technologies that will underpin the Commonwealth\u2019s economic future.\n\n\u201cThis legislation unleashes valuable opportunities for investments in the development of revolutionary new technologies and community-based innovation, connecting every region of the Commonwealth to the innovation economy,\u201d\u00a0said Governor Charlie Baker.\u00a0\u201cBy pairing those investments with a growing commitment to workforce development in high-demand fields like advanced manufacturing, computer science, and robotics, we will deepen our efforts to build the nation\u2019s most competitive workforce. I am proud this bipartisan legislation will support the growth of our state\u2019s nationally-leading innovation economy, and help develop the jobs of tomorrow.\u201d\n\n\u201cStrong communities are the cornerstone of our Commonwealth, and this economic development legislation provides a robust set of tools that will allow state government to partner with communities, and advance our common goals,\u201d\u00a0said Lt. Governor Karyn Polito.\u00a0\u201cBy providing critical funds for public infrastructure, site cleanup, and Gateway City redevelopment, this legislation will unlock local and regional economic development priorities, and connect citizens across Massachusetts to economic opportunity.\u201d\n\n\u201cThis bill will help our communities and businesses work together to build our economy,\u201dsaid Senate President Stan Rosenberg.\u00a0\u201cMore and better jobs are on the way.\u201d\n\n\u201cThe 2016 economic development law will help Massachusetts remain a national leader and position us for growth,\u201d\u00a0said House Speaker Robert A. DeLeo.\u00a0\u201cThe programs in this bill complement one another and, in doing so, support residents from all backgrounds, encourage growth in every region of the Commonwealth, and provide opportunities for businesses in diverse industries. Additionally, I believe the college savings plan will provide vital support to our students and families as they prepare for a bright future.\u201d\n\nAn Act Relative to Job Creation and Workforce Development provides new capital funding for local infrastructure, Brownfields site cleanup, Gateway Cities development, site assembly and site readiness, workforce development, emerging technologies, and community-based innovation. The legislation also reforms the state\u2019s smart growth housing toolbox, streamlines the state\u2019s Economic Development Incentive Program, and allows for the expansion of Boston\u2019s Conley cargo terminal. And it updates obsolete liquor laws, ensuring that Massachusetts farmer-wineries will continue to be able to sell their products on their own premises.\n\n\u201cThis legislation reflects the collaborative spirit that drives our economic development efforts,\u201d\u00a0said Housing and Economic Development Secretary Jay Ash.\u00a0\u201cIt is the result of more than a year of conversations with scores of legislators and administration officials, as well as thousands of conversations with business leaders, municipal officials, educators, community advocates and other stakeholders. And it reflects our shared vision of creating economic opportunities, economic prosperity, and economic mobility throughout the Commonwealth.\u201d\n\n\u201cThe Workforce Skills Capital grants established in this legislation will make a vital difference to many of our educational institutions across the state, which are training and educating tomorrow\u2019s workforce,\u201d\u00a0said Labor and Workforce Development Secretary Ronald L. Walker, II.\u00a0\u201cThese grants will enable vocational schools, career and technical schools, community colleges and other organizations focused on skill-building to purchase the most up-to-date equipment. These investments will lead to more skilled workers who are able to get good-paying jobs, and help businesses meet their increasing needs for a pipeline of trained workers.\u201d\u00a0\n\n\u201cThis new Workforce Skills Capital Grant program will help give schools and community colleges the equipment and infrastructure they need to train students and current workers in high need occupations on the latest technology,\u201d\u00a0said Education Secretary Jim Peyser.\u00a0\u201cWe\u2019ve already seen the impact this year\u2019s capital investments have had on our ability to increase institutional collaboration and industry partnerships and we are thrilled to be able to expand this critical program thanks to this important piece of legislation.\u201d\u00a0\n\n\u201cSmart growth housing helps build stronger communities, and stronger families,\u201d\u00a0said Undersecretary for Housing and Community Development Chrystal Kornegay.\u201cThis legislation contains several powerful new levers for supporting the creation of workforce housing in all types of communities, from Gateway Cities, to town centers and urban neighborhoods, to suburban communities. I\u2019m proud that this legislation will help working families across Massachusetts access more moderately-priced housing.\u201d\n\nAn Act Relative to Job Creation and Workforce Development is organized around four main themes: community development, workforce development, innovation, and economic competitiveness. Highlights of the legislation include:\n\nCommunity Development\n\nMassWorks ($500 million capital authorization): Reauthorizes a capital grant program that provides municipalities and other public entities with public infrastructure grants to support economic development and job creation.\n\tTransformative Development Initiative ($45 million capital authorization):Supports the revitalization of Gateway Cities, by enabling MassDevelopment to make long-term patient equity investments in key properties in Transformative Development Initiative districts, with the goal of accelerating the maturation of private real estate markets.\n\tBrownfields Redevelopment Fund ($45 million capital authorization):\u00a0Moves funding for the state\u2019s Brownfields Redevelopment Fund to the capital program, providing a reliable long-term funding stream for a fund that is the Commonwealth\u2019s primary tool for facilitating the redevelopment of contaminated properties.\n\tSite Readiness Fund ($15 million capital authorization):\u00a0Advances regional job creation by creating a new fund for site assembly and pre-development activities that support regionally significant commercial or industrial development opportunities.\n\tMassachusetts Food Trust Program ($6.4 million capital authorization):Capitalizes a financing program to support rural agriculture and increase food security in low- and moderate-income communities.\n\tSmart Growth Housing Trust Fund ($15 million capital authorization):\u00a0Moves funding for the state\u2019s Smart Growth Housing Trust Fund to the capital program, providing a reliable long-term funding stream for a fund that is the Commonwealth\u2019s primary tool for facilitating smart growth housing development.\n\tStarter Home Zoning:\u00a0Incentivizes the creation of smaller, denser, and more affordable single-family homes by creating a new starter home option under the Chapter 40R smart growth housing program.\n\tHousing-Related Tax Increment Financing:\u00a0Supports housing production in town centers and urban neighborhoods by reforming a seldom-used local-only smart growth tax incentive program, removing onerous regulations, and allowing communities to set their own affordability requirements.\n\tHousing Development Incentive Program (HDIP) Reform:\u00a0Supports the development of market-rate housing in Gateway Cities by allowing credits to support new construction, and by raising the formula that sets housing development incentives.\nWorkforce Development\n\nWorkforce Skills Capital Grants ($45 million capital authorization):\u00a0Establishes a new grant program for workforce development training equipment, to strengthen workforce skills, and create strong employment pipelines.\nThe Massachusetts Innovation Initiative\n\nMassachusetts Manufacturing Innovation Initiative (M2I2) ($71 million capital authorization):\u00a0Provides matching grants to establish public-private applied research institutes around emerging manufacturing technologies. The state\u2019s capital funds will be matched with federal and private industry funds.\n\tScientific and Technology Research and Development Matching Grant Fund ($15 million capital authorization):\u00a0Reauthorizes a capital grant program that funds nonprofit, university-led research collaboratives working to commercialize emerging technologies, thereby supporting the development of emerging industry clusters.\n\tCommunity Innovation Infrastructure Fund ($15 million capital authorization):Creates a new fund for making capital grants that support community-based innovation efforts, including co-working spaces, venture centers, maker spaces and artist spaces.\n\tDigital Health Care Cluster Development:\u00a0Broadens the statutory charge of the Massachusetts eHealth Institute (MeHI) to include digital health cluster development.\n\tAngel Investor Tax Credit:\u00a0Promotes startup activity and job creation in the Gateway Cities, by incentivizing investment in early-stage life sciences and digital health firms.\nEconomic Competitiveness\n\nConley Terminal Rehabilitation ($109.5 million capital authorization):\u00a0Permits the Massachusetts Port Authority to pursue the reconstruction of South Boston\u2019s Conley Terminal, including berth construction and crane procurement, to accommodate new, larger cargo ships.\n\tCollege Savings Tax Deduction:\u00a0Provides Massachusetts residents with tax deductions for making deposits into prepaid tuition or college savings accounts.\n\tEconomic Development Incentive Program (EDIP) Reforms:\u00a0Builds accountability in the state\u2019s primary job-creation incentive program by strengthening the link between the issuance of tax credits, and job creation that would not otherwise occur; adds flexibility to the incentive program by eliminating obsolete, formula-driven incentive categories.\n\tLiquor Law Reforms:\u00a0Protects the ability of farmer-wineries, farmer-breweries, and farmer-distilleries to serve their products on their own premises; supports consumer choice and access to markets by allowing retailers who sell alcohol to also serve alcohol in in-house caf\u00e9s; liberalizes restrictions on the sale of alcohol around certain holidays.\n\tRegional Economic Development Organization (REDO) Modifications:\u00a0Shifts the focus of nonprofit regional economic development nonprofits toward systems-based efforts to stimulate economic growth, including strengthening the regional skills pipeline, and executing regional industry cluster development strategies.\n\tFantasy Sports:\u00a0Legalizes daily fantasy sports contests operated in accordance with regulations promulgated by the Attorney General.