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The work of the Special Commission on Regional and Local Public Health was codified recently by the legislature. MTF’s President Eileen McAnneny was part of this commission formed to determine how best to improve the numerous municipal public health...

The U.S. Small Business Administration (SBA) has updated its "Frequently Asked Questions" for the Paycheck Protection Program (PPP) to provide additional guidance based on continued feedback from lenders and borrowers. The program, targeted to small...

On April 28, Governor Baker announced the formation of a 19-member Advisory Board to determine the best ways to open the economy. Chaired by Lt. Governor Polito and Secretary of Housing and Economic Development Michael Kennealy, along with...

The MA Department of Revenue released new technical information (TIR 20-5) which provides a narrow exception to corporate excise tax nexus for companies whose employees are working from home in Massachusetts solely because of the pandemic. The...

FY 2021 tax revenues are projected to fall by $6 billion or 19.3 percent from the January 2020 benchmark. Massive layoffs push the unemployment rate to nearly 22 percent in Q4 FY 2020, causing withholding taxes to decline by $1.9 billion. Shutting...

On April 28, Governor Baker announced the formation of a 19-member Advisory Board to determine the best ways to open the economy. Chaired by Lt. Governor Polito and Secretary of Housing and Economic Development Michael Kennealy, along with...

In a letter to Senate Ways and Means Chairmen Michael Rodrigues, Aaron Michlewitz and Administration and Finance Secretary Michael Heffernan, the chief fiscal 2021 budget planners, MTF President Eileen McAnneny outlined the array of options available...

McAnneny now expects the shutdown to raise the state unemployment rate to 22 percent by the end of June. She projects that 323,000 jobs will be recovered by June 2021, but employment is unlikely to return to pre-pandemic levels before 2024. That will...

McAnneny said the foundation’s analysis was completed before Gov. Charlie Baker released his plan for the state’s reopening on Monday. She said the foundation’s analysis assumes that economic activity will resume this summer, but it will be slow and...