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Bill

H 490

An Act preparing Massachusetts for the next economy

194th Legislature (2025-2026) Introduced by Kristin Kassner

Massachusetts bill H 490 aims to position the state economically for future challenges, referred to committee for detailed policy development on workforce and technology competitiveness.

Hearing scheduled for 06/05/2025 from 11:00 AM-01:00 PM in A-2
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Bill Summary · H 490

Legislative bill overview

H 490 is a Massachusetts bill focused on preparing the state's economy for future challenges and opportunities, though the specific policy mechanisms are not detailed in the provided information. The bill has been referred to the Economic Development and Emerging Technologies committee, suggesting it addresses workforce development, technology adoption, or economic competitiveness issues.

Why is this important

Economic preparedness legislation can significantly impact job creation, worker retraining, and business innovation capacity. Massachusetts, as a major technology and education hub, faces pressure to maintain competitiveness while addressing potential disruptions from automation, artificial intelligence, and shifting labor markets.

Potential points of contention

  • Lack of specificity in available materials: Without detailed bill text, it's unclear whether the legislation proposes tax incentives, direct spending, regulatory changes, or public-private partnerships—each carries different fiscal and philosophical implications
  • Funding mechanisms and costs: How the state will finance "preparation" efforts and whether existing programs will be consolidated or expanded
  • Definition of "next economy": Disagreement may arise over which industries deserve support (green energy, semiconductor manufacturing, biotech, etc.) and whether smaller businesses or startups receive adequate resources

Compiled from official sources — confirm details with the bill’s official record.

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