The Massachusetts Legislature passed a sweeping economic development bill on Thursday, authorizing a nearly $4 billion infusion into the state’s economy.

Massachusetts lawmakers are paving the way for the construction of a professional soccer stadium for the New England Revolution and a waterfront park in Everett and Boston. Why it matters: The proposal,

The Kraft family would clear a key hurdle toward building a new professional soccer stadium in Everett under a nearly $4 billion bill on the move this week whose economic impacts reach across nearly every business sector.

Massachusetts lawmakers have now laid the initial groundwork that could see the New England Revolution playing home games on Everett's waterfront. WBZ-TV's Mike Sullivan reports.

Massachusetts lawmakers are planning to vote this week on a bill that would clear the way for the construction of a new soccer stadium for the New England Revolution in Everett, within sight of Boston and across the street from a casino and hotel complex.