Gov. Maura Healey celebrates passage of Mass Leads Act, outlines more than $4 billion for statewide investment

Gov. Maura Healey gathered state and industry leaders at the Reagan Institute in Cambridge on Dec. 10 to celebrate passage of the Mass Leads Act, a sweeping economic development package authorizing more than $4 billion in state resources. "This is the most far reaching economic development bill that this state has ever seen," Gov. Healey said, thanking legislative leaders and private‑sector partners for what she called a longtime, statewide effort.

The package, as described by administration officials at the event, includes targeted investments and reforms intended to extend Massachusetts’ lead in life sciences and foster growth in climate technology, artificial intelligence, robotics, advanced manufacturing and small business development. Key items cited by speakers included an additional $1,000,000,000 for life sciences; $1,000,000,000 for climate‑tech initiatives; $400,000,000 in local infrastructure grants through MassWorks; $100,000,000 for the Seaport Economic Council; and $150,000,000 allocated for public library…