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Jan 17, 2025
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Jan 17, 2025
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In May of 2024, Steward Health Care announced that it had filed for bankruptcy protection; beginning a process through which the for-profit health system looked to restructure its debt and sell or close assets, including seven Massachusetts hospitals...
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Jan 10, 2025
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Jan 10, 2025
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On January 9th, budget leaders from the House, Senate, and Healey administration announced a $43.614 billion consensus tax revenue figure for Fiscal Year (FY) 2026, including $41.214 billion in non-surtax revenue and $2.4 billion related to the...
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Oct 09, 2024
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Oct 09, 2024
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On September 11th, Governor Healey filed her administration’s closeout supplemental budget for Fiscal Year (FY) 2024; roughly two months after the official last day of the fiscal year. A closeout supplemental budget is filed and passed each year; its...
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Sep 23, 2024
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Sep 23, 2024
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In spite of unanimous passage by both the House and the Senate, in the final days of the legislative session a compromise economic development bill failed to reach the Governor’s desk. While the two versions of the bill differ significantly on policy...
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Jul 29, 2024
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Jul 29, 2024
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On July 29th, Governor Healey signed the Fiscal Year (FY) 2025 budget; sending back $316.8 million in gross spending vetoes ($248 million net). Inclusive of the Governor’s cuts, line-item spending in the FY 2025 budget would total $57.78 billion, a ...
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Jul 26, 2024
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Jul 26, 2024
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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...
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Jul 19, 2024
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Jul 19, 2024
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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...
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Jul 18, 2024
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Jul 18, 2024
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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,...
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May 06, 2024
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May 06, 2024
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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, ...
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Apr 24, 2024
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Apr 24, 2024
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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...
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