The House and Senate are set to enact a Fiscal Year (FY) 2025 budget, totaling $58.1 billion in line-item spending.  It includes $27.5 million more in spending than the House and $16.5 million more than the Senate budget; and total spending...

The House and Senate have both passed their own versions of a housing bond bill, known as the Affordable Homes Act, and now must reconcile the two versions in Conference Committee. Both bills propose more than $5 billion in capital authorizations,...

On March 1st, the Healey-Driscoll administration unveiled their economic development bill, titled An Act Relative to Strengthening Massachusetts’ Economic Leadership or the Mass Leads Act. Through $2.815 billion in capital spending authorizations, ...

This November, voters in Massachusetts may be asked to approve or reject a number of proposals that either create new or amend existing state laws. These proposals, known as initiative petitions, are currently under consideration by the State...

On January 24th, the Healey administration filed its budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan includes $1.3 billion in proposed spending supported by income surtax revenues, an increase of $300 million over the $1...

On January 24th, the Healey administration filed its budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan included critical investments in child care, healthcare, and transportation; as well as sizeable increases in support for...

Earlier today, the Healey-Driscoll administration released its Fiscal Year (FY) 2025 budget proposal. The $58.13 billion spending plan includes critical investments in childcare, education, and transportation; and $1.3 billion in spending supported...

On October 18th, the Healey administration unveiled a $4.1 billion housing bond bill, titled the Affordable Homes Act, which combined a new five-year capital funding plan with a variety of policy proposals intended to spur production and accelerate...

Earlier this week, the Healey administration announced a $1 billion tax revenue shortfall for FY 2024, downgrading the revenue benchmark from $40.41 billion to $39.41 billion. They also released a plan to solve the shortfall which includes...

On January 8th, budget leaders from the House, Senate, and Administration announced a $40.202 billion consensus tax revenue figure for the Fiscal Year (FY) 2025 budget, excluding surtax revenue. Budget writers expect tax revenues to grow by $792...