- Andrew Napolitano
- Oct 24, 2023
- 1 min read
Treasurer Goldberg and Office of Economic Empowerment to Support Baby Bonds Legislation in Massachusetts
BOSTON – State Treasurer Deborah Goldberg and her Office of Economic Empowerment (OEE) will testify in support of House Bill 1157 and Senate Bill 1999, An Act addressing the racial wealth gap, at the Joint Committee on Financial Services hearing and the Joint Committee on State Administration and Regulatory Oversight’s hearing and on Tuesday, October 24. These bills aim to create a Baby Bonds program, which would establish an at-birth publicly funded trust fund for eligible Massachusetts children. Once recipients reach adulthood, funds can be used for asset-enhancing activities like pursuing post-secondary education, starting a business, or buying a home. This legislation represents a step toward narrowing the racial wealth gap.
Joint Committee on Financial Services Hearing
WHEN:
Tuesday, October 24th, 2023
TIME:
10:00 a.m.
WHERE:
Online or In Person
Room A-2, Massachusetts State House
24 Beacon St, Boston, MA 02133
WHO:
Deborah Goldberg, State Treasurer and Receiver General
The Office of Economic Empowerment
Lisa Wong, Chair of the Baby Bonds Task Force
Joe Diamond, Executive Director, MassCAP
Dr. Darrick Hamilton, Leading Scholar on Baby Bonds and Director of the Institute for the Study of Race, Stratification and Political Economy at The New School
Shira Markoff, Policy Fellow, Prosperity Now
Joint Committee on State Administration and Regulatory Oversight Hearing
WHEN:
Tuesday, October 24th, 2023
TIME:
11:00 a.m.
WHERE:
Online or In Person
Gardner Auditorium, Massachusetts State House
24 Beacon St, Boston, MA 02133
WHO:
Deborah Goldberg, State Treasurer and Receiver General
The Office of Economic Empowerment
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