Section 3G. (a) The EACC may designate 1 or more areas as an economic target area or economic opportunity area in connection with an application from a municipality seeking the designation under the federal Empowerment Zones and Enterprise Communities Program or other local, state or federal programs that contemplate such designations. Designations of new economic target areas, if any, shall be made in accordance with the criteria in subsection (b). Designations of new economic opportunity areas, if any, shall be made at the discretion of the EACC in accordance with regulations to be promulgated by the EACC, or rules or policies adopted by the EACC.
(b) The EACC may from time to time designate as an economic target area an area of the commonwealth comprised of 3 or more contiguous census tracts or 1 or more contiguous municipalities provided that the area proposed for designation meets 1 of the following criteria: (i) the proposed economic target area has an unemployment rate that exceeds the statewide average by not less than 25 per cent; (ii) if the proposed economic target area is located in a metropolitan area, then not less than 51 per cent of the households in the proposed economic target area have incomes that are below 80 per cent of the median income for households in the metropolitan area; (iii) if the proposed economic target area is not located in a metropolitan area, then not less than 51 per cent of the households in the proposed economic target area have incomes that are below 80 per cent of the median income for households in the commonwealth; (iv) the proposed economic target area has a poverty rate which is not less than 20 per cent higher than the average poverty rate for the commonwealth; (v) the area proposed for designation has heightened economic need due to: (i) an industrial or military base closure; (ii) the presence of underutilized maritime or electric generation facilities; or (iii) a commercial vacancy rate greater than 20 per cent; or (vi) the area proposed for designation has exceptional potential for economic development as a result of: (i) the proposed redevelopment of blighted real estate or abandoned buildings totaling not less than 1,000,000 square feet; (ii) the proposed establishment of a regional technology center of not less than 3,000,000 square feet; or (iii) the proposed development of a Class I renewable energy generating facility.
(c) A city or town with an economic opportunity area may make application to the United States Foreign Trade Zones Board under 19 U.S.C. 81(a) to 81(u), inclusive, for a grant to the city or town for the privilege of establishing, operating and maintaining a foreign trade zone within its economic opportunity area. Upon petition from a city or town, the EACC may authorize any other city or town to make application to the Foreign Trade Zones Board for a grant to the city or town for the privilege of establishing, operating and maintaining a foreign trade zone.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 23a - Department of Economic Development
Section 1 - Massachusetts Office of Business Development; Director; Grants; Financial Reports
Section 3 - Divisions; Directors
Section 3a - Economic Development Incentive Program; Establishment; Definitions for Secs. 3a to 3g
Section 3i - Rail-Trail Construction; Matching Grants to Municipalities; Environmental Insurance
Section 3j - Mobd Partnerships With Regional Economic Development Organizations
Section 5 - Planning and Research Capability of Mobd; Description of Organization
Section 6 - Advisory Committees and Council
Section 8 - Acceptance of Gifts and Grants
Section 9 - Employees; Appointments and Removals; Consultants
Section 10a - Buy Massachusetts Program
Section 10b - Massachusetts Advanced Manufacturing Collaborative
Section 13 - Employees; Assistance From Other State Agencies
Section 13b - Marketing Partnership; Offices Within the Partnership
Section 13c - Marketing Partnership; Powers and Duties
Section 13e - Office of Travel and Tourism; Executive Director; Appointment; Powers and Duties
Section 13f - Office of Travel and Tourism; Function
Section 13g - Office of Travel and Tourism; Employees; Appointment and Removal
Section 13h - Office of Travel and Tourism; Advisory Commission
Section 13i - Office of Travel and Tourism; Gifts and Grants; Acceptance
Section 13k - Massachusetts International Trade Office; Executive Director
Section 13m - Foreign Offices for International Trade; Directors; Appointment; Qualifications
Section 13n - Foreign Offices for International Trade; Leasing of Office Space and Equipment
Section 13o - Foreign Offices for International Trade; Acceptance of Funds
Section 13p - Foreign Offices for International Trade; Financial Report
Section 13q - International Trade Office; Provision of Technical Assistance
Section 13r - International Trade Office; Advisory Council
Section 13t - Massachusetts Tourism Trust Fund
Section 13u - Women's Rights History Trail
Section 14 - Financial Assistance Program for Tourist Promotion Agencies
Section 28a - Corporations; Foreign Trade Zones
Section 57 - Definitions Applicable to Secs. 57 and 58; Small Business Capital Access Program
Section 59 - Code of Corporate Standards Relative to the People's Republic of China; Definitions
Section 61 - Massachusetts Business Development Corporation; Purpose; Powers
Section 62 - Interagency Permitting Board; Members; Duties
Section 63 - Massworks Infrastructure Program; Public Infrastructure Grants Issued to Municipalities
Section 64 - Massachusetts Creative Economy Network
Section 65 - Massachusetts Food Trust Program
Section 66 - Rural Policy Advisory Commission; Members; Powers and Duties; Meetings; Annual Report
Section 67 - Financial Services Advisory Council