BOSTON (AP) — A special commission created to look into the possibility of Massachusetts launching a bid to host the 2024 Summer Olympics has held its first meeting at the Statehouse.

State Sen. Eileen Donoghue, who serves on the 11-member panel, said in a statement after Thursday’s meeting that the commission would analyze all aspects of hosting the games, including transportation, security and overall costs.

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Donoghue, a Lowell Democrat, filed the bill to create the panel and said she hoped to learn whether the long-term benefits of having the Olympics would outweigh the significant expenses to the state.

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Several Boston business leaders also serve on the commission, which must complete its report by March 1, 2014.

The U.S. Olympic Committee has asked for a list of potential 2024 host cities by early next year.

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