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HD 5535

The annual report of the Executive Office of Economic Development (under Section 17 of Chapter 23D of the General Laws) submitting the Center for Employee Ownership report for calendar year 2025

194th Legislature (2025-2026)

Massachusetts requires its economic development office to report annual activities of its Center for Employee Ownership program for transparency and legislative oversight.

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Bill Summary · HD 5535

Legislative bill overview

HD 5535 is a filing requirement mandating that Massachusetts' Executive Office of Economic Development submit an annual report on the Center for Employee Ownership's activities for calendar year 2025. This is a procedural measure establishing accountability and transparency for a state economic development program focused on worker ownership models.

Why is this important

Employee ownership structures can affect job stability, worker compensation, and economic development strategies in Massachusetts. Annual reporting requirements ensure the legislature and public can evaluate whether this program is meeting its intended goals and using resources effectively.

Potential points of contention

  • Resource allocation: Questions about whether state funding for the Center for Employee Ownership represents efficient use of economic development dollars compared to other initiatives
  • Program effectiveness metrics: Disagreement over what success looks like—job creation numbers, wage growth, business formation rates, or other measures
  • Scope and reach: Debate about whether employee ownership models are practically scalable or primarily benefit niche industries

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

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