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  • Andrew Napolitano

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

Comments


MEDIA CONTACTS

Andrew Napolitano

Communications Director

(617) 367-9333 x614

Cell: (781) 403-0600

Andrew.S.Napolitano

@tre.state.ma.us

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