The Senate has concluded its FY 2019 budget debate. Over three days, the Senate considered 1,196 amendments, adding $75.5 million in new spending and 125 policy sections to the original Senate Ways and Means (SWM) proposal. The final Senate budget...

The Senate Ways and Means Committee (SWM) released its $45.95 billion budget proposal for fiscal year (FY) 2019 today. This brief provides an overview of the major policy and spending provisions proposed by SWM and compares it with the FY 2019 plans...

The Senate Committee on Ways and Means will release its budget recommendations this week. To preview some of the most important issues that budget will address, MTF is revisiting ten key budget and policy questions that will impact the FY 2019 budget...

This week, the House deliberated on its fiscal year (FY) 2019 budget, taking four days to consider and dispose of 1,400 amendments. Upon completion, the House adopted more than 500 amendments, in whole or in part, which added $79.6 million in...

The House Ways and Means Committee (HWM) has released its $45.96 billion budget for fiscal year (FY) 2019, its first under Chairman Sanchez. This bulletin provides an overview of this proposal, which will be debated by the full House during the week...

Two months ago, MTF identified ten key questions that will shape the FY 2019 budget. Now it is time to revisit those questions in the context of Governor Baker’s budget recommendations and the latest revenue and policy developments.

If the surtax passes, Massachusetts would have one of the highest tax rates in the nation on income over $1 million. And that may understate the upcoming shockwave to high-earners. Since SALT deductions are now capped at $10,000, the effective state...

Governor Baker has proposed a $45.9 billion budget for fiscal year (FY) 2019. This bulletin provides an overview of notable spending, revenue and policy proposals included in the document.