Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H413 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	1 of 1
2	2	HOUSE DOCKET, NO. 1976 FILED ON: 1/19/2023
3	3	HOUSE . . . . . . . . . . . . . . . No. 413
4	4	The Commonwealth of Massachusetts
5	5	_________________
6	6	PRESENTED BY:
7	7	Bradley H. Jones, Jr.
8	8	_________________
9	9	To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
10	10	Court assembled:
11	11	The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
12	12	An Act establishing a commission to study the financial relationship between Massachusetts
13	13	entities and companies owned by the Chinese government.
14	14	_______________
15	15	PETITION OF:
16	16	NAME:DISTRICT/ADDRESS :DATE ADDED:Bradley H. Jones, Jr.20th Middlesex1/17/2023Nicholas A. Boldyga3rd Hampden1/26/2023Peter J. Durant6th Worcester1/26/2023Lenny Mirra2nd Essex1/26/2023F. Jay Barrows1st Bristol1/26/2023Marcus S. Vaughn9th Norfolk1/27/2023Kimberly N. Ferguson1st Worcester2/1/2023 1 of 2
17	17	HOUSE DOCKET, NO. 1976 FILED ON: 1/19/2023
18	18	HOUSE . . . . . . . . . . . . . . . No. 413
19	19	By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 413) of
20	20	Bradley H. Jones, Jr. and others relative to establishing a commission (including members of the
21	21	General Court) to study the financial relationship between Massachusetts entities and companies
22	22	owned by the Chinese government. Economic Development and Emerging Technologies.
23	23	The Commonwealth of Massachusetts
24	24	_______________
25	25	In the One Hundred and Ninety-Third General Court
26	26	(2023-2024)
27	27	_______________
28	28	An Act establishing a commission to study the financial relationship between Massachusetts
29	29	entities and companies owned by the Chinese government.
30	30	Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
31	31	of the same, as follows:
32	32	1 SECTION 1. For the purposes of this section, the following terms shall be defined as
33	33	2such:
34	34	3 “Massachusetts entity”, any corporation, business, limited liability company, association,
35	35	4partnership, venture, state agency, K-12 school, institute of higher learning, or other organization
36	36	5operating within the commonwealth.
37	37	6 “Chinese state-owned company”, Any corporation, business, association, partnership,
38	38	7venture, limited liability company, or other entity or business association owned fully or in part
39	39	8by, or affiliated with, the government of China.
40	40	9 Notwithstanding any special or general law to the contrary, there shall be established a
41	41	10special commission to study the financial relationship between Massachusetts entities and 2 of 2
42	42	11Chinese state-owned companies. The commission shall identify Massachusetts-based assets held
43	43	12by Chinese state-owned companies, ascertain the extent to which business operations conducted
44	44	13by Chinese state-owned companies affect local industries, and assess the corresponding dangers
45	45	14posed to the commonwealth’s economic wellbeing and sovereignty.
46	46	15 The commission shall include the house and senate chairs of the joint committee on
47	47	16economic development and emerging technologies, who shall serve as co-chairs; the house and
48	48	17senate chairs of the joint committee on export development; the speaker of the house of
49	49	18representatives or a designee; the president of the senate or a designee; the minority leader of the
50	50	19house of representatives or a designee; the minority leader of the senate or a designee; the chair
51	51	20of the House Asian Caucus or a designee; the secretary of the commonwealth or a designee; the
52	52	21secretary of housing and economic development or a designee; the secretary of labor and
53	53	22workforce development or a designee; the treasurer of the commonwealth or a designee; the state
54	54	23auditor or a designee; the president of the University of Massachusetts system or a designee; and
55	55	241 member appointed by each of the following organizations: Massachusetts Association of
56	56	25Realtors; Massachusetts Technology Leadership Council; Greater Boston Chamber of
57	57	26Commerce; Massachusetts Bankers Association; and the Massachusetts Biotechnology Council.
58	58	27 The commission shall file a report with its findings and recommendations to the clerks of
59	59	28the house and senate no later than December 31, 2025.
60	60	29