S.2994

MCRC 2026 Annual Report

Introduced·3/5/26
Introduced Text

Massachusetts Capital Resource Company submits its 49th annual report detailing investments and job creation.

The Massachusetts Capital Resource Company (MCRC) has submitted its 49th annual report, as mandated by Section 20 of Chapter 816 of the Acts of 1977. The report outlines the company's investment activities and job creation efforts for the taxable year ending December 31, 2025. MCRC, originally funded with $20 million in 1977, has made additional contributions totaling $100 million by the end of 2025. The company made qualified investments totaling $841,156,195 in various Massachusetts-based companies.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

0
0
Democratic CaucusRepublican Caucus

Calendar

May 4

9:00 AM

Joint Committee on Revenue Hearing

History

Jul 15

House

House concurred

Jul 13

Senate

Committee recommended that the matter be placed on file

Apr 24

Joint

Hearing scheduled for 05/04/2026 from 09:00 AM-05:00 PM in Written Testimony Only