Massachusetts H312 mandates transparency and equity in microbusiness and small business assistance programs.

Massachusetts H312 requires the executive office of economic development to collect and report data on microbusiness and small business assistance programs. This includes geographic distribution, jobs created or saved, demographics of business owners, number of employees, annual revenue, business types, and distribution amounts. The report must be submitted to the joint committee on economic development and small business within 90 days of the fiscal year's end. The bill also mandates prioritizing socially or economically disadvantaged businesses in these programs.

Massachusetts H312 mandates transparency and equity in microbusiness and small business assistance programs.

Massachusetts H312 requires the executive office of economic development to collect and report data on microbusiness and small business assistance programs. This includes geographic distribution, jobs created or saved, demographics of business owners, number of employees, annual revenue, business types, and distribution amounts. The report must be submitted to the joint committee on economic development and small business within 90 days of the fiscal year's end. The bill also mandates prioritizing socially or economically disadvantaged businesses in these programs.