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Business leaders are pressing Massachusetts lawmakers to revisit a multibillion-dollar economic development bill that failed to pass. The bill emphasizes the importance of enhancing programs in various sectors, particularly artificial intelligence. The Massachusetts Chambers Policy Network has highlighted that neglecting these provisions could harm the state's competitiveness.
The proposed economic development bill aims to allocate significant funds for bonding and tax credits to strengthen the state's economic position. It also seeks to extend the life sciences initiative and invest in climate technology, which are crucial for job growth and infrastructure. The urgency from business leaders reflects a broader concern about maintaining Massachusetts' competitive edge in attracting talent and jobs.
• Business leaders emphasize the need for AI program enhancements in legislation.
• The economic development bill includes significant funding for AI and life sciences.
The bill highlights the necessity to boost AI programs to enhance the state's economic competitiveness.
The organization is advocating for the passage of the economic development bill to enhance business opportunities in Massachusetts.
The network is urging lawmakers to prioritize the stalled economic development bill, which includes provisions for AI and other critical sectors.
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