summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to limitations on expenditures and revenues. Revenue.
AI Summary
This bill aims to establish a state expenditure growth limit calculated based on the level of growth of inflation and population in the Commonwealth of Massachusetts. It would require that the growth rate in state expenditures for each fiscal year equal the rate of inflation plus the state population change. If state tax revenues exceed state expenditures, the excess amount would be refunded to taxpayers. If state expenditures exceed state tax revenues, the excess would be reduced to match state tax revenues. The bill also provides for judicial enforcement of its provisions by taxable inhabitants of the Commonwealth.
Committee Categories
Budget and Finance
Sponsors (11)
Angelo D'Emilia (R),
David DeCoste (R),
Paul Frost (R),
Susan Gifford (R),
Bradford Hill (R),
Randy Hunt (R),
Brad Jones (R),
Dave Muradian (R),
Elizabeth Poirier (R),
Todd Smola (R),
Mike Soter (R),
Last Action
Accompanied a study order, see H5128 (on 11/19/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/H2521 |
Bill | https://malegislature.gov/Bills/191/H2521.pdf |
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