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MA S2994

Bill

Status

Introduced

3/5/2026

Primary Sponsor

Unknown

Origin

Senate

194th General Court

AI Summary

  • Massachusetts Capital Resource Company (MCRC) submits its 49th annual report for the taxable year ending December 31, 2025, as required under Chapter 816 of the Acts of 1977

  • Aggregate cumulative partner investment totals $100 million, built through five $20 million capital contributions made annually from December 1977 through December 1981

  • Total qualified investments in Massachusetts companies reached $841,156,195 as of December 31, 2025

  • Investment activities are expected to create 12,610 new positions and preserve 7,673 existing jobs in the Commonwealth, totaling 20,283 jobs

  • Investments span hundreds of companies across Massachusetts, ranging from $5,500 (iKnowMed, Sudbury) to $14,000,000 (Polar Corp., Worcester), covering diverse industries including manufacturing, technology, healthcare, and food processing

Legislative Description

MCRC 2026 Annual Report

Last Action

House concurred

3/9/2026

Committee Referrals

Revenue3/5/2026

Full Bill Text

No bill text available