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Displaying 131-140 of 641
Jul 20, 2022
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Jul 20, 2022
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The Senate leadership’s economic development bill does spend more on environmental infrastructure overall than the House, according to a Massachusetts Taxpayers Foundation analysis, once items such as electric-car chargers are factored in. But Mass Audubon president David O’Neill said it’s…
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Jul 19, 2022
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Jul 19, 2022
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Just days after the House concluded its debate, the Senate Committee on Ways and Means (SWM) released its version of a $4.8 billion proposal that makes direct appropriations, authorizes capital spending, proposes tax relief and includes economic development policy initiatives. The bill spends from…
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Jul 18, 2022
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Jul 18, 2022
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The House engrossed a $4.8 billion spending, economic development, and tax relief package last week increasing the fiscal impact of the bill by $499.2 million after two days of debate. This Brief summarizes the new spending, tax, and policy provisions added during the House debate. The…
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Jul 18, 2022
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Jul 18, 2022
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The House and Senate have enacted a $59.6 billion fiscal year (FY) 2023 budget, which includes all major spending proposals in either budget as well as several new large investments in areas like early education, K-12, and transportation.
The conference budget includes close to $2.8 billion more…
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Jul 11, 2022
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Jul 11, 2022
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Less than three weeks before the end of formal session, House Ways and Means has released a $4.3 billion bill that makes direct appropriations, authorizes capital spending and proposes tax relief. This massive bill includes $2.55 billion in immediate spending in FY 2022 surplus and American Rescue…
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Jul 11, 2022
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Jul 11, 2022
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Mass. lawmakers promise one of Beacon Hill’s largest packages of tax relief in a generation. It mirrors much of what Baker pitched in January.
The Massachusetts Taxpayers Foundation, a business-backed budget watchdog, projected last week that lawmakers will have a surplus of nearly $3.6 billion from the fiscal year that ended last week, an amount it called “historic.”
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Jul 08, 2022
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Jul 08, 2022
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The Massachusetts Taxpayers Foundation projected last week that the Legislature will have a $3.6 billion budget surplus available once final accounting is complete for fiscal year 2022, which ended June 30. The state Department of Revenue has not yet reported how much the state collected in taxes…
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Jul 07, 2022
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Jul 07, 2022
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The Department of Revenue is still counting, but the budget watchers at the Massachusetts Taxpayers Foundation expect that the Legislature will have a surplus of $3.6 billion when the final accounting of the fiscal year that ended last week is complete.
Through May, the state had collected $36.969…
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Jul 06, 2022
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Jul 06, 2022
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Fiscal year 2023 began on July 1st, but policymakers have yet to close the books on FY 2022 which requires disposing of a significant budget surplus. This Brief provides an estimate of the surplus and examines how it fits in to the larger fiscal picture.
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Jun 27, 2022
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Jun 27, 2022
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Budget conferees are negotiating spending, revenue and policy differences between the House and Senate proposals in order to present a final budget to Governor Baker for the start of fiscal year 2023. For the second straight year, conferees must also significantly revise the budget’s tax revenue…
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