H.3543, An Act Establishing the Massachusetts Infrastructure Bank, was introduced in the 2017-18 legislative session. We had our first hearing before the Joint Committee on Community Development and Small Businesses and the bill was subsequently sent to the Joint Committee on Financial Services. Unfortunately, it was sent to study, and therefore died in committee before the end of the session. We are determined to reintroduce it in 2019-20, and to build up a stronger coalition to advocate for it.
The bill was filed by Rep. Byron Rushing, 9th Suffolk, and had the following co-sponsors:
Rep. Mike Connolly, 26th Middlesex
Rep. Denise Provost, 27th Middlesex
Rep. David M. Rogers, 24th Middlesex
Rep. Jack Lewis, 7th Middlesex
Rep. Peter V. Kocot, 1st Hampshire
Rep. Jay D. Livingstone, 8th Suffolk
Sen. Sal N. DiDomenico, Middlesex and Suffolk
Sen. Julian Cyr, Cape and Islands
Sen. William N. Brownsberger, Second Suffolk and Middlesex
Rep. Carlos Gonzalez, 10th Hampton
Rep. Thomas Stanley, 9th Middlesex
When the bill is refiled we will have only a short time to get legislators on board as co-sponsors. We’d like to be as proactive as possible about getting our legislators informed about public banking, and the need for a public infrastructure bank in Massachusetts. We need your help in introducing us to allies in your community, as well as to your legislators. If you’d like to help, please contact us for more information.