The Massachusetts Legislature unanimously passed a $52.7 billion budget for Fiscal Year 2023 (FY23). This budget upholds fiscal responsibility and makes targeted investments to strengthen the state’s economic foundation, protect the most vulnerable residents and support the everyday needs of communities and families in the Commonwealth. Taking into consideration historic tax revenue performance in Fiscal…
Gloucester lawmaker Ann-Margaret Ferrante will be part of the budget conference committee that works to hammer out a compromise plan for how the state will spend about $50 billion next budget year. Read more on the Gloucester Daily Times website→
Last week, the Massachusetts House of Representatives passed a balanced budget for the 2023 fiscal year, which starts July 1, 2022. As the Vice Chair of the House Committee on Ways and Means, I had the privilege of working closely with Chair Aaron Michlewitz and the House Ways and Means Committee and staff in developing…
The Massachusetts House of Representatives yesterday passed its Fiscal Year 2023 (FY23) budget. This budget responsibly responds to the needs of residents and makes targeted investments to support families in the Commonwealth. Funded at $49.73 billion, the House’s FY23 budget continues its strong commitment to cities and towns, and includes significant investments in health care,…
The Baker administration and the Massachusetts Legislature have been gung-ho about pursuing offshore wind power and preparing the state’s infrastructure to deal with the consequences of climate change, but lawmakers last week impressed upon the administration the importance of keeping the state’s historic fishing industry in mind as well. “We’ve been taking steps over the…
Rep. Ann-Margaret Ferrante (D-Gloucester) joined her colleagues in the Massachusetts House of Representatives to unanimously pass its spending proposal utilizing American Rescue Plan Act (ARPA) and Fiscal Year 2021 (FY21) surplus funds. Funded at $3.82 billion, the bill addresses disparities exacerbated by the COVID-19 pandemic, aiming to facilitate recovery through one-time investments in housing, environment…
Low-income workers who toiled in hospitals, grocery stores and other frontline businesses during the pandemic could be getting cash bonuses under a legislative plan to spend billions of dollars in federal relief and surplus funds. The plan, rolled out by House Democrats on Monday, calls for spending $3.65 billion to make “once-in-a-generation” investments in housing,…
Today, the House Committee on Ways and Means announced a $3.65 billion piece of legislation to invest American Rescue Plan Act (ARPA) and surplus funds in key sectors of the Commonwealth. I was glad to join Speaker Ron Mariano, Chair Aaron Michlewitz, Chair Dan Hunt, and Chair Bud Williams today to outline the investments the…
In April, the House of Representatives passed a budget for the 2022 fiscal year that responds to the needs of residents and makes investments that set the state on a path toward economic recovery after the COVID-19 pandemic. Funded at $47.716 billion, the House’s FY22 budget continues its strong commitment to cities and towns, and includes…
Supporters of the program tout its economic benefit and argue that letting it expire in two years will hurt the state’s small but thriving movie industry. Rep. Ann-Margaret Ferrante, D-Gloucester, said allowing that to happen could jeopardize jobs and economic growth. “We’re building an industry,” she said. “We need to keep the momentum going and…
