Putting the $2.1 billion over-benchmark number for May in context, Doug Howgate of the Massachusetts Taxpayers Foundation said tax collections in Massachusetts have never exceeded benchmarks for any full fiscal year going back to at least fiscal 2006.

The proposed Senate limitations could save the state $10 million to $15 million a year, according to an analysis by the Massachusetts Taxpayers Foundation.

Publicly subjecting spending decisions to that type of process — particularly for an unprecedented lump sum of federal funds — helps offer “much-needed clarity,” said Eileen P. McAnneny, president of the Massachusetts Taxpayers Foundation.

Today, the Senate completed three days of debate to finalize its fiscal year (FY) 2022 budget.  After adding $63.7 million in additional spending and 83 new policy sections, the Senate and House budgets will now be reconciled through conference committee negotiations as we near the July 1st…

A breakdown of the 923 Senate amendments to the FY 2022 budget

Doug Howgate, of the business-backed Massachusetts Taxpayers Foundation, said the size and scope of the federal largesse is unprecedented. “The big challenge is how you balance the needs right now with the reality that you need to make sure resources are available for what they’re supposed to…

Today, as part of its action on COVID-19 emergency leave legislation, the House acted to address the steep increase in the solvency assessment that employers pay as part of their Unemployment Insurance premium.

The Massachusetts Taxpayers Foundation estimated the changes proposed by Rodrigues would reduce the tab for the film tax credit by $10 to $15 million a year.

The Senate Committee on Ways and Means (SWM) released its fiscal year (FY) 2022 budget today totaling $47.19 billion. Senators now have a chance to offer amendments. The plan will be debated and amended by the full Senate in two weeks and then reconciled with the House’s budget proposal that was…

Earlier today, the House completed three days of budget debate to finalize their fiscal year (FY) 2022 budget. This Bulletin summarizes notable changes made to the House Ways and Means (HWM) proposal and looks ahead to key issues to watch when the Senate Ways and Means Committee (SWM) releases its…