Massachusetts H3088 establishes a study group to evaluate fiscal impacts of excluding local tax revenue from state tax calculations.

Massachusetts H3088 directs the commissioner of the Department of Revenue to form a study group. This group will review and evaluate the fiscal effects of excluding new local tax revenue from "allowable state tax revenue" calculations. The study will analyze state tax revenues from various sources, including excises on retail sales, meals, alcoholic beverages, and tobacco. It will also examine issues related to the inclusion of revenues from taxes and fees designated for specific purposes. The study group will submit a report with recommendations by June 30, 2026.

Massachusetts H3088 establishes a study group to evaluate fiscal impacts of excluding local tax revenue from state tax calculations.

Massachusetts H3088 directs the commissioner of the Department of Revenue to form a study group. This group will review and evaluate the fiscal effects of excluding new local tax revenue from "allowable state tax revenue" calculations. The study will analyze state tax revenues from various sources, including excises on retail sales, meals, alcoholic beverages, and tobacco. It will also examine issues related to the inclusion of revenues from taxes and fees designated for specific purposes. The study group will submit a report with recommendations by June 30, 2026.