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,...

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...

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...

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...

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...

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...

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...

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...

Budget conferees are negotiating spending, revenue and policy differences between the House and Senate proposals in order to present a final budget to Governor Baker for the start of fiscal year 2023. For the second straight year, conferees must also...

The Senate completed budget deliberations this week, finalizing a $49.9 billion budget after three days of deliberations. The Senate adopted 514 of the 1,178 amendments filed by individual Senators. The final Senate budget adds $93.3 million in...