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FILED ON: 2/6/2024
SENATE . . . . . . . . . . . . . . No. 2602
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act relative to investment in Massachusetts-based jobs.
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. Section 3D(a) of Chapter 23A of the General Laws is hereby amended by
2inserting after "(vii)" the following:-
3 (viii) preference shall be given by the EACC to a controlling business that already bases
4its global or national headquarters and executive operations within the commonwealth.
5 SECTION 2. Section 3C of chapter 23A is hereby amended by adding the following 2
6subsections:-
7 (e) Notwithstanding subsections (b) and (c), the EACC shall, by guideline or regulation,
8establish an incentive program to encourage controlling businesses that locate their global or
9national headquarters and executive operations within the commonwealth to hire and retain new,
10permanent, full-time employees in the commonwealth, provided however that the business shall
11not be required to invest in improvements to receive tax credits as part of the program
12established under this subsection. 2 of 2
13 (f) The EACC shall give special consideration to the impact of investment and job growth
14in rural and seasonal communities within the commonwealth.