With the Legislature now guaranteed to miss the July 1 deadline to have an annual budget in place, a leading state policy think tank urged negotiators Monday to revise tax revenue expectations upward by a minimum of $3.8 billion and use that flexibility to cancel a proposed draw on the state’s reserves.
Legislative & Economic News in Massachusetts
Economic and legislative news in Massachusetts for insurance professionals.
Steamship Authority Did Not Make Ransom Payment
In an update last week, the Steamship Authority indicated that it did pay a ransom in connection with a June 2nd cyber attack against it.
Annual Tax Collections Beating Estimate By $3.4 Bil, And Counting
The Mass. DOR said it had collected $2.003 billion from taxpayers between June 1st and June 15th.
Baker Seeks Two-Month Sales Tax Holiday
Consumers, Businesses Would Share in Bulging Surplus.
Lead Law Update Part of Anti-Discrimination Push
Advocates: Poisoning Cases Demonstrate Weakness of 50-Year-Old Law.
