Massachusetts H231 amends industrial development finance authorities to redefine industrial enterprises and modify bond issuance processes.
Massachusetts H231 amends the definition of industrial enterprises to exclude rental housing and transient guest facilities. It also modifies the bond issuance process by requiring a certificate of convenience and necessity from the Massachusetts Office of Business Development. The bill further adjusts the authority's bond issuing powers and the conditions under which bonds can be issued. It removes certain references to the Massachusetts Industrial Finance Agency and updates terminology to reflect the current financing authority structure.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.