Massachusetts H502 mandates businesses to refund grants if they relocate outside the state within 20 years.
Massachusetts H502 amends the state's economic development incentive program to require businesses to refund any grants received if they relocate outside the state within 20 years. This applies to corporations, sole proprietorships, limited liability companies, and partnerships. The office of the attorney general will enforce this requirement by promulgating regulations.
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- Legal Framework
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