The spending would be paid for with a combination of $2.5 billion in ARPA funds and up to $1.45 billion of surplus tax revenue. Spending proposed in the bill falls short of these caps by $282 million — cash a Massachusetts Taxpayers Foundation report said will likely “increase bottom-line spending by between $150 and $200 million” during the amendment process.
November 04, 2021
FY 2022
Senate unveils $3.66B coronavirus relief bill
The spending would be paid for with a combination of $2.5 billion in ARPA funds and up to $1.45 billion of surplus tax revenue. Spending proposed in the bill falls short of these caps by $282 million — cash a Massachusetts Taxpayers Foundation report said will likely “increase bottom-line spending by between $150 and $200 million” during the amendment process.