Massachusetts 194th General Court Status: Introduced

S2753 — An Act ensuring transparency in research funding

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 194th General Court. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

In plain language

The bill promotes transparency in research funding.

This legislation aims to make information about research funding more accessible and clear. It focuses on increasing transparency in how research grants and funding are distributed.

Summary

An Act ensuring transparency in research funding

Bill Text

  • Full text Current

How this bill changes current law

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AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill adds definitions and disclosure requirements for corporations receiving research support in relation to tax credits.

  • Chapter 63, Section 38M

    “Current and pending research support”, resources made available, or expected to be made available, to a corporation in support of the corporation's research and development efforts including, but not limited to, in-kind contributions requiring a commitment of time and directly supporting the corporation's research and development efforts, such as the provision of office or laboratory space, equipment, supplies, employees, or students, regardless of whether the source of the resource is foreign or domestic, whether the resource is made available through the entity applying for a research and development award or directly to the corporation, or whether the resource has monetary value.

    This defines what constitutes current and pending research support for corporations.

  • Chapter 63, Section 38M

    (l) A corporation entitled to a credit under this section shall be required to file a financial disclosure as it relates to qualified research expenses with the commissioner. The corporation shall: (A) disclose the amount, type and source of all current and pending research support received by, or expected to be received by, the corporation for all qualified exemption years; (B) certify that the disclosure is current, accurate and complete; and (C) agree to update such disclosure at request at any time determined appropriate. (2) The commissioner shall compile and maintain an index of disclosures filed pursuant to this subsection to facilitate public access to such disclosures.

    This establishes new requirements for corporations to disclose financial information related to research support to the commissioner.

Sponsors

  • Joint Committee on Revenue · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 203 not signed on

Sponsors (1)

  • Joint Committee on Revenue

Co-sponsors (0)

None.

Not signed on (203)

203 members have not signed on to this bill.

Show all 203 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance healthcare education technology
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Frequently asked questions

What does S2753 do?
An Act ensuring transparency in research funding
Who sponsors S2753?
S2753 is sponsored by Joint Committee on Revenue.
What is the current status of S2753?
This bill died with 194th General Court. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track S2753?
Track S2753 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 4 months ago · updated continuously

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