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“Economic growth isn’t enough. We need to create
jobs.” - Rep. Atkins
The economic downturn touched everyone. Too many hardworking, educated
Massachusetts residents are underemployed or out of work altogether.
“It is troubling to listen to constituents’ stories of searching
for decent jobs,” said Rep. Atkins.
Car payments, mortgages and college tuition bills don’t stop just
because your job does.
Rep. Atkins is working hard every day in the State House to jump
start job growth.
“As House Chair of the Science and Technology Caucus, I’ve
worked with a coalition of leaders in both the public and private sector
to create a strong economic stimulus bill,” said Rep. Atkins.
“Our economic stimulus bill addresses everything from unemployment
insurance reform to tax incentives for high-tech growth to job training
programs.”
Rep. Atkins voted for the Massachusetts House- and Senate-passed economic
stimulus bill, which drew largely from the Science and Technology Caucus’
recommendations.
This business-friendly bill provides $100 million to encourage economic
expansion and job growth in Massachusetts’ emerging technologies,
including biotechnology, defense and homeland security, information technology,
plastics and polymers, advanced materials, and medical devices and development.
Over the next decade, technology industries will add thousands of jobs
and produce huge amounts of additional tax revenue for the state.
“Our economy’s continued recovery will be a direct
result of our investment in education and our commitment to being at the
forefront of technology,” said Rep. Atkins. “I
am dedicated to using my position as House Chair of the Science and Technology
Caucus to support emerging technologies and fight for the education funding
needed to ensure Massachusetts will continue to have a first-rate workforce
prepared to drive the new economy.”
Economic expansion and job growth will happen with hard work and
good legislation.
Atkins Voted for the $100.9 Million Economic Stimulus Bill
- $20 million in matching funds to higher education institutions and nonprofit
research institutions doing cutting edge high-tech projects.
- $21 million to Workforce Training Fund for employer-specific training
initiatives.
- $6 million for targeted workforce training and development.
- $2 million to small businesses and entrepreneurs for technical assistance,
skills building and growth.
- $2.5 million to Pipeline Fund to improve course offerings to students
in science, technology, engineering and mathematics and to encourage students
to enter these fields.
- $25 million to support emerging technology industries such as
biotechnology, nanotechnology and medical devices.
- $15 million to the John Adams Institute, which promotes a climate for
economic growth in Massachusetts with particular attention to underserved
regions.
- $5 million to fund the Massachusetts Technology Development Corporation.
MTDC provides start-up capital to new science and technology companies.
- Research and Development Tax Credit – the bill changes the definition
of a research and development company to include firms that are devoting
2/3 of expenditures to research and development, but aren’t yet
making money on their efforts.
| Creating Jobs Through Technology
- Rep. Atkins is House Chair of the Science and Technology Caucus
– a powerful and unique group in the State House. Unlike
any other committee, the Science and Technology Caucus brings together
state legislators, business principals and higher education leaders
to collaborate on plans to spur the economy and strengthen education.
Because Massachusetts’ economy is heavily knowledge-based, whenever
we think about creating jobs we have to think about strengthening
education. |
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