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MA S2097

Bill

Status

Introduced

2/27/2025

Primary Sponsor

John Velis

Click for details

Origin

Senate

194th General Court

AI Summary

  • Amends Section 42B of Chapter 63 of the General Laws to add new disclosure requirements for manufacturing and research and development corporations receiving tax exemptions
  • Requires corporations to disclose the amount, type, and source of all current and pending research support received or expected during qualified exemption years
  • Mandates corporations certify that their disclosures are current, accurate, and complete
  • Obligates corporations to update disclosures upon request at any time deemed appropriate by authorities

Legislative Description

Ensuring transparency in research funding

Last Action

Accompanied a new draft, see S2753

12/22/2025

Committee Referrals

Revenue2/27/2025

Full Bill Text

No bill text available