On July 24th, the Senate passed S.3178, An Act Relative to Economic Development in the Commonwealth, a $575 million economic development bill with 365 outside policy sections. The bill authorizes $270 million (88.5 percent) more than the Governor and $14 million (2.5 percent) more than the House. The Senate also includes 245 more outside policy proposals than the Governor and 105 more than the House. The Senate retains many of the capital authorization and a number of policy proposals introduced by the Governor and House.

On July 9th, the House passed H.5562, An Act Relative to Economic Development in the Commonwealth, a $561 million economic development bill with 260 outside policy sections. The bill is $256 million (84 percent) more than the Governor’s economic development bill, the Mass Wins Act, and has 143 additional outside policy sections. While the House did not include several notable provisions from the Governor’s bill and introduced new proposals, the House retains the authorizations proposed by the Governor and includes several of the administration’s more notable policy proposals.

The bill increases investment in primary care by establishing spending targets for hospitals, health centers, and other health care entities without increasing overall health care costs and supports community health centers through higher reimbursement rates.

On April 16th, 2026, the Healey-Driscoll administration filed an economic development bill, titled An Act Relative to Massachusetts Winning Global Investment, Talent, and Innovation, or the Mass Wins Act. The bill includes $305 million in capital authorizations and 120 outside policy sections. According to the administration, the bill has several themes: enhancing Massachusetts’ competitiveness, reducing barriers and streamlining housing production efforts, and coordinating the state’s climatetech investments.

On January 28th, the Healey-Driscoll administration filed its budget proposal for Fiscal Year (FY) 2027. The $63.36 billion plan increases spending over the FY 2026 General Appropriations Act (GAA) by $2.3 billion (3.8 percent) and over the administration’s estimated spending level for FY 2026 by $668 million (1.1 percent).

On January 28th, the Healey-Driscoll administration filed its budget proposal for Fiscal Year (FY) 2027. The $63.36 billion plan increases spending over the FY 2026 General Appropriations Act (GAA) by $2.3 billion (3.8 percent) and over the administration’s estimated spending level for FY 2026 by $668 million (1.1 percent). The Governor’s proposal relies on $404 million in revenues tied to the passage of legislation she filed two weeks prior related to recent federal corporate tax changes.

On October 1, 2025, federal lawmakers failed to resolve a budget deadlock to start Federal Fiscal Year (FFY) 2026, resulting in a federal government shutdown. Forty days later, on November 9th, the Senate announced an agreement between Senate Republicans and eight Senate Democrats to temporarily fund the government and that agreement was signed into law by President Trump on November 12th. The funding package provided temporary funding through January 30, 2026, requiring an additional appropriations package by the end of January to prevent another shutdown.

As budget writers prepare for the Fiscal Year (FY) 2027 budget development process, they continue to closely monitor FY 2026 revenue collections and the myriad factors—stemming from both state and federal action—that impact the stability of the state budget.