Today, the Legislature voted to enact a $40.2 billion budget for FY 2018. This year’s budget reconciliation process was hampered by several major challenges – most notably the need to reduce expected tax revenues from the amount used in both the...

For the second straight year, budget conferees are working to finalize a budget for July 1st while grappling with how best to adjust the fundamental tax revenue assumption used to balance the budget. This brief examines the challenges budget...

At the next constitutional convention, legislators will vote on whether or not to approve the ballot initiative entitled “Massachusetts Income Tax for Education and Transportation Amendment” more commonly referred to as the millionaire’s tax. MTF has...

As you begin your deliberations, we respectfully request that you omit, in Section 1B, line-item 0710-0002 and Section 15 of Senate bill 2076, which would establish and fund of a tax expenditure review commission under the control of the State...

The Senate finalized its fiscal year (FY) 2018 budget yesterday after three days of debate. Through the amendment process, the Senate added $52.2 million in new spending and added 150 policy sections to the spending plan released from the Senate...

The Senate Ways and Means Committee (SWM) released a $45.13 billion budget proposal for fiscal year (FY) 2018 today. This brief provides the Foundation’s initial analysis of major spending and policy provisions in this budget plan.

The next step in the fiscal year (FY) 2018 budget process is the release of the Senate Ways and Means (SWM) budget on Tuesday, May 16th. This brief provides five major questions that the SWM spending plan will have to address.

This week, the House deliberated on its fiscal year (FY) 2018 budget, completing debate and dispensing with over 1200 amendments in just two days. The House added $77.7 million in new spending to the original House Ways and Means (HWM) budget plan as...

Today, the House Ways and Means Committee (HWM) released a $45.05 billion budget proposal for fiscal year (FY) 2018. This brief provides initial analysis of major spending and policy provisions in the budget plan.