On March 1st, the Healey-Driscoll administration unveiled their economic development bill, An Act relative to strengthening Massachusetts’ economic leadership, also known as the Mass Leads Act. The House and Senate have now each acted on their own versions of the bill, and a conference committee has been appointed to reconcile all differences and produce a compromise package. 

Across 36 separate authorizations, the House and Senate have proposed a maximum of $3.96 billion in capital spending; a level nearly $1.5 billion higher than the last three economic development bills combined. In addition, both bills include major policy differences related to life sciences, juvenile justice, and a range of tax credits. 

This bulletin compares the fiscal and policy differences between the House and Senate bills and makes recommendations for policymakers to consider during the conference process.