Bill
Bill > H4718
MA H4718
Providing federal and state budget information to residents of the Commonwealth
summary
Introduced
04/21/2022
04/21/2022
In Committee
04/21/2022
04/21/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Providing federal and state budget information to residents of the Commonwealth
AI Summary
This bill requires the Massachusetts State Treasurer, in coordination with the Secretary of the Commonwealth, to provide an annual summary on the state's website by March 15th. The summary would report the total amount of income tax paid by Massachusetts residents to the federal government in the prior year, along with the percentage of those funds allocated to various federal discretionary spending categories, including housing, education, healthcare, and defense. The summary would also include information on how Medicare and Social Security are financed through trust funds, not income taxes. Additionally, the summary would report on the prior fiscal year's state budget, including the percentage of funds allocated to various state spending categories and the contribution of federal funds in those areas.
Committee Categories
Budget and Finance
Sponsors (9)
Marcos Devers (D),
Carol Doherty (D),
Natalie Higgins (D),
Patrick Kearney (D),
Jack Lewis (D),
Marc Pacheco (D),
Lindsay Sabadosa (D),
Erika Uyterhoeven (D),
Tommy Vitolo (D),
Other Sponsors (1)
Joint Committee on State Administration and Regulatory Oversight (J)
Last Action
No further action taken (on 01/03/2023)
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/192/H4718 |
| Bill | https://malegislature.gov/Bills/192/H4718.pdf |
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