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HOUSE DOCKET, NO. 2984 FILED ON: 1/16/2025
HOUSE . . . . . . . . . . . . . . . No. 502
The Commonwealth of Massachusetts
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PRESENTED BY:
Marcus S. Vaughn
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act relative to business relocation after receiving state grant funding.
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PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Marcus S. Vaughn9th Norfolk1/16/2025 1 of 1
HOUSE DOCKET, NO. 2984 FILED ON: 1/16/2025
HOUSE . . . . . . . . . . . . . . . No. 502
By Representative Vaughn of Wrentham, a petition (accompanied by bill, House, No. 502) of
Marcus S. Vaughn relative to business relocation after receiving economic development
incentive program grant funding. Economic Development and Emerging Technologies.
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Fourth General Court
(2025-2026)
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An Act relative to business relocation after receiving state grant funding.
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 3D of chapter 23A of the General Laws, as appearing in the 2022 Official
2Edition, is hereby amended by inserting the following subsection:-
3 (f) All EDIP contracts, as defined by section 3A of this chapter, awarded by the EACC to
4a corporation, sole proprietorship, limited liability company, or partnership for a certified project,
5as defined by said section 3A, shall include the requirement that, unless it declares bankruptcy as
6defined by U.S.C. 11, a corporation, sole proprietorship, limited liability company, or partnership
7shall forfeit or refund any credits or grants received pursuant to an EDIP contract if the
8corporation, sole proprietorship, limited liability company, or partnership relocates outside the
9commonwealth within 20 years. The office of the attorney general shall promulgate regulations
10pursuant to the enforcement of this subsection.