With this document, the House Committee on Ways and Means presents its recommendations for the Fiscal Year 2026 General Appropriations Act. The Committee’s proposal makes fiscally responsible decisions and targeted investments that allow the Massachusetts economy to continue to grow and remain competitive while recognizing the financial realities the state is confronted with.| malegislature.gov
Changing the state approach to Global Intangible Low-Taxed Income would allow the Commonwealth to reclaim a sizable share of the tax revenue lost to international profit-shifting - allowing for transformative investments and a cushion against the impact of potential federal cuts.| Mass. Budget and Policy Center