Budget & Taxes

passed · Massachusetts · House Apr 2, 2026

H 3278: An Act creating a graduated deed excise tax for affordable housing

HD 3193 modifies Massachusetts' property transfer tax by creating graduated rates for home sales over $250,000. For sales between $250,000-$500,000, the tax rate increases to 1.1x the existing rate; higher tiers apply for sales exceeding $500,000, $1 million, and $2 million. The bill directly affects sellers of higher-value homes by increasing their tax burden, with all revenue from these higher rates required to fund housing initiatives. Specifically, the tax revenue must be split equally between housing crisis programs and Affordable Housing Act initiatives established under Chapter 150 of the 2024 Acts. (Note: The "existing rate" referenced is not specified in the bill text.)

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates graduated tax specifically to fund affordable housing, directly allocating revenue to a public service program per bill summary.95% confidence ✓ HousingSupports HousingCreates graduated deed tax revenue specifically for affordable housing funding, directly advancing housing access through dedicated financial mechanism.95% confidence

Sub-Topics Affordable Housing Housing Finance Property Taxes

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passed · Massachusetts · Senate Jul 23, 2026

S 2030: An Act for a literacy tax credit

S 2030, "An Act for a literacy tax credit," would create a tax credit for expenses related to literacy education programs. Eligible taxpayers could reduce their state tax liability for qualifying costs, such as fees for literacy courses or materials. This credit would directly affect individuals and organizations investing in literacy initiatives. As a revenue measure, it would impact state tax collections by reducing the amount owed.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing state tax revenue for literacy education, aligning with tax relief indicators per fiscal policy.85% confidence ✓ EducationSupports EducationCreates tax credit for literacy education expenses, expanding access to literacy programs and incentivizing investment in educational initiatives.95% confidence

Sub-Topics Tax Credits

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passed · Massachusetts · Senate Jul 2, 2026

S 2025: An Act establishing the Massachusetts student relief and retention tax credit

By Mr. Kennedy, a petition (accompanied by bill, Senate, No. 2025) of Edward J. Kennedy for legislation to establish the Massachusetts student relief and retention tax credit. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax credit for student relief, providing direct tax reduction for eligible individuals, aligning with tax relief support indicators.95% confidence ✓ EducationSupports EducationTax credit for student relief likely reduces financial barriers, enhancing educational access and retention for students.85% confidence

Sub-Topics Tax Credits Student Financial Aid

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passed · Massachusetts · Senate Jul 2, 2026

S 2054: An Act establishing a tax credit for teachers purchasing supplies

By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 2054) of Patrick M. O'Connor for legislation to establish a tax credit for teachers purchasing supplies. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates tax credit for teachers (middle-income group), providing direct tax relief per Budget & Taxes support indicators.95% confidence ✓ EducationSupports EducationTax credit for teacher supplies directly supports educators by reducing out-of-pocket costs, strengthening resource access for K-12 instruction.95% confidence

Sub-Topics Procurement Teachers

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passed · Massachusetts · Senate Jul 23, 2026

S 2081: An Act relative to the taxation of rolling stock

This bill (S 2081) changes how transportation vehicles like trains, buses, and heavy equipment are taxed for state revenue purposes. It directly affects businesses that own or operate rolling stock, such as rail companies, bus fleets, and logistics operators. The key provision modifies tax rates or exemptions applied to these vehicles, shifting how their value is assessed for taxation. The bill aims to adjust state revenue collection by updating the tax framework specifically for this category of equipment.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill modifies tax rates/exemptions for rolling stock to adjust state revenue collection, directly impacting taxation policy and budget management.95% confidence

Sub-Topics Revenue

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passed · Massachusetts · Senate Jul 23, 2026

S 2086: An Act relative to sales tax reduction to 5%

Senate Bill S 2086 proposes to reduce the state sales tax rate. Specifically, this legislation aims to lower the sales tax to 5%. This change would directly affect consumers, who would pay less sales tax on eligible purchases, and businesses, who would collect the adjusted tax.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces sales tax rate, providing direct tax relief to consumers and aligning with support indicators for tax relief.95% confidence

Sub-Topics Business Taxes Sales Tax

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passed · Massachusetts · House Apr 2, 2026

H 3024: An Act relative to a sales tax exemption for animal medication prescribed by veterinarians

This bill (HD 569) exempts certain veterinary items from sales tax in Massachusetts. It specifically removes sales tax on prescription drugs for animals (only dispensed by licensed veterinarians), medical equipment for animals, and therapeutic veterinary supplies not meant for repeated use. The exemption directly affects pet owners, veterinarians, and animal healthcare providers by reducing costs for essential treatments. The key provision adds this tax exemption to the existing General Laws under Chapter 64H.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates sales tax exemption for veterinary meds, providing tax relief under revenue policy, aligning with support indicators.95% confidence

Sub-Topics Sales Tax Tax Incentives

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passed · Massachusetts · Senate Jul 13, 2026

S 1923: An Act to repeal the sales tax exemption for aircraft

By Mr. Barrett, a petition (accompanied by bill, Senate, No. 1923) of Michael J. Barrett, James B. Eldridge and Patricia D. Jehlen for legislation to repeal certain tax exemptions for aircraft. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesRepealing aircraft sales tax exemption increases government revenue by closing a tax loophole, aligning with fiscal responsibility and revenue generation.90% confidence

Sub-Topics Sales Tax Tax Incentives

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passed · Massachusetts · Senate Jul 23, 2026

S 1982: An Act exempting residential security systems from sales tax

By Mr. Fattman, a petition (accompanied by bill, Senate, No. 1982) of Ryan C. Fattman and Bruce E. Tarr for legislation to exempt residential security systems from sales tax. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts residential security systems from sales tax, providing tax relief directly impacting tax policy.90% confidence

Sub-Topics Sales Tax

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passed · Massachusetts · Senate Sep 22, 2025

S 394: An Act increasing the Commonwealth's share of the education foundation budget

By Mr. Lewis, a petition (accompanied by bill, Senate, No. 394) of Jason M. Lewis, Joanne M. Comerford and Leigh Davis for legislation to increase the Commonwealth's share of the education foundation budget. Education.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases state funding for education foundation budget, directly advancing public education spending within state fiscal management framework.95% confidence ✓ EducationSupports EducationBill explicitly increases state funding for education foundation budget, directly advancing school funding support per title and summary.95% confidence

Sub-Topics School Funding

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