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

S 816: An Act including worker-owned businesses economic development programs

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 816 is a bill introduced in the Massachusetts Senate on February 27, 2025. According to its official title, it concerns: An Act including worker-owned businesses economic development programs. Primary sponsor: Jake Oliveira (Democratic). It lists 1 additional sponsor. Most recent recorded action (January 15, 2026): Bill reported favorably by committee and referred to the committee on Senate Ways and Means.

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. Oliveira, a petition (accompanied by bill, Senate, No. 816) of Jacob R. Oliveira and Steven Owens for legislation to support businesses where employees have ownership stakes within initiatives aimed at fostering economic growth in a community. Financial Services.

Sponsors

Sponsors by party (alphabetical): Democratic 2

NameRolePartyChamberDistrict
Jake OliveiraPrimary sponsorDemocraticSenateHampden, Hampshire and Worcester
Steve OwensCo-sponsorDemocraticHouse29th Middlesex

“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. Bill reported favorably by committee and referred to the committee on Senate Ways and Means
  2. Hearing rescheduled to 11/18/2025 from 10:30 AM-01:00 PM in A-2 and Virtual Hearing updated to include Virtual
  3. Hearing scheduled for 11/18/2025 from 10:30 AM-01:00 PM in A-2
  4. House concurred
  5. Referred to the committee on Financial Services

Sources

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