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Massachusetts · 194th Legislature (2025-2026) · Bill

S 305: An Act promoting entrepreneurship through employee ownership

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 305 is a bill introduced in the Massachusetts Senate on February 27, 2025. According to its official title, it concerns: An Act promoting entrepreneurship through employee ownership. Primary sponsor: Paul Mark (Democratic). It lists 6 additional sponsors. Most recent recorded action (March 19, 2026): Accompanied a study order (under JR10), see S3023.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

By Mr. Mark, a petition (accompanied by bill, Senate, No. 305) of Paul W. Mark and Julian Cyr for legislation to encourage businesses to give their employees a stake in the company, often through stock options or Employee Stock Ownership. Economic Development and Emerging Technologies.

Sponsors

Sponsors by party (alphabetical): Democratic 7

NameRolePartyChamberDistrict
Paul MarkPrimary sponsorDemocraticSenateBerkshire, Hampden, Franklin and Hampshire
Nick CollinsCo-sponsorDemocraticSenateFirst Suffolk
Jo ComerfordCo-sponsorDemocraticSenateHampshire, Franklin and Worcester
Mike ConnollyCo-sponsorDemocraticHouse26th Middlesex
Julian CyrCo-sponsorDemocraticSenateCape and Islands
Carmine GentileCo-sponsorDemocraticHouse13th Middlesex
Liz MirandaCo-sponsorDemocraticSenateSecond Suffolk

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Accompanied a study order (under JR10), see S3023
  2. Reporting date extended to Friday March 6, 2026
  3. Hearing scheduled for 06/05/2025 from 11:00 AM-01:00 PM in A-2
  4. House concurred
  5. Referred to the committee on Economic Development and Emerging Technologies

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source