Displaying 1–10 of 483
Aug 12, 2022
ECONOMY
Massachusetts is facing a perfect storm of circumstances which, if not addressed, threaten to undermine the state’s historic advantage in attracting and retaining both businesses and talent, and could ultimately jeopardize our economic edge over...
ECONOMY
Jul 29, 2022
PUBLIC FINANCE > Budget > FY 2022
Two straight years of surging tax collections have put in focus M.G.L.c. 62F, a little known state law that establishes a limit on allowable tax revenues. This brief summarizes the law and assesses what it could mean for fiscal year 2022 and beyond. ...
PUBLIC FINANCE > Budget > FY 2022
Jul 28, 2022
PUBLIC FINANCE > Budget > FY 2023
On July 28th, Governor Baker signed the FY 2023 budget. In doing so, the Governor essentially agreed with the legislative spending plan, vetoing just $475,000, however, he also proposed a number of changes to the policy provisions in the budget,...
PUBLIC FINANCE > Budget > FY 2023
Jul 26, 2022
ECONOMY
Legislative leaders have less than a week to reconcile the House and Senate’s differing $5 billion omnibus spending, tax and policy bills. This Bulletin identifies key fiscal and policy provisions to be negotiated by the Conference Committee tasked...
ECONOMY
Jul 25, 2022
PUBLIC FINANCE > Budget > FY 2022
The Senate engrossed a $5.1 billion spending, economic development, and tax relief package last week, increasing the fiscal impact of the bill by $271.3 million during floor debate.  This Brief summarizes the new spending, tax, and policy...
PUBLIC FINANCE > Budget > FY 2022
Jul 19, 2022
PUBLIC FINANCE > Budget > FY 2022
Just days after the House concluded its debate, the Senate Committee on Ways and Means (SWM) released its version of a $4.8 billion proposal that makes direct appropriations, authorizes capital spending, proposes tax relief and includes economic...
PUBLIC FINANCE > Budget > FY 2022
Jul 18, 2022
PUBLIC FINANCE > Budget > FY 2022
The House engrossed a $4.8 billion spending, economic development, and tax relief package last week increasing the fiscal impact of the bill by $499.2 million after two days of debate.  This Brief summarizes the new spending, tax, and policy...
PUBLIC FINANCE > Budget > FY 2022
Jul 18, 2022
PUBLIC FINANCE > Budget > FY 2023
The House and Senate have enacted a $59.6 billion fiscal year (FY) 2023 budget, which includes all major spending proposals in either budget as well as several new large investments in areas like early education, K-12, and transportation. The...
PUBLIC FINANCE > Budget > FY 2023
Jul 11, 2022
PUBLIC FINANCE > Budget > FY 2022
Less than three weeks before the end of formal session, House Ways and Means has released a $4.3 billion bill that makes direct appropriations, authorizes capital spending and proposes tax relief. This massive bill includes $2.55 billion in immediate...
PUBLIC FINANCE > Budget > FY 2022
Jul 06, 2022
PUBLIC FINANCE > Budget > FY 2022
Fiscal year 2023 began on July 1st, but policymakers have yet to close the books on FY 2022 which requires disposing of a significant budget surplus. This Brief provides an estimate of the surplus and examines how it fits in to the larger fiscal...
PUBLIC FINANCE > Budget > FY 2022