MRLDA Legislative Update: March 2024
Speaker Voices Support For Real Estate Transfer Tax House Speaker Ronald Mariano has expressed initial support for a proposal contained in Governor Healey’s Housing Bond Bill that would allow individual cities and towns to adopt a local option increase to the real estate transfer tax in order to fund the development of affordable housing. Under […]
MRLDA Legislative Update: February 2024
Credit Card Surcharge Bills Advance Despite reservations from the House chairman, the Committee on Consumer Protection and Professional Licensure has reported favorably legislation to enable retailers to impose a surcharge on a consumer who elects to use a credit card to pay for a transaction. This bill would eliminate the language in the current law […]
MRLDA Legislative Update: January 2024
Governor Healey Proposes Housing Bond Legislation This Committee on Housing recently heard testimony on the legislation filed by Governor Maura Healey that seeks to authorize $40 billion in bond authorizations to increase the availability of housing units in Massachusetts. The goal of her bill is to create 40,000 new housing units and fund the rehabilitation […]
Massachusett’s Legislative Update: September 2023
The Massachusetts Legislative Conference committee has released its final recommendations for changes to the state’s tax code. It will provide $561 million in relief for the current 2024 fiscal year and more than $1 billion by fiscal year 2027. This final report was voted on and passed by both the House of Representatives and the […]
2024 Large Entity Vehicle Reporting Requirements
On September 1, 2023, the Massachusetts Department of Environmental Protection issued final regulations requiring the one-time reporting of information on truck fleets by businesses of a certain size. The regulations apply to businesses that: Below you will find a copy of a brief summary of the information to be reported. You may also access a […]
MRLDA Legislative Update: July 2023
Committee Hears Testimony on Credit Card Surcharge Legislation On July 24th, the Committee on Consumer Protection and Professional Licensure heard testimony on several legislative proposals that would allow retailers in Massachusetts to impose a surcharge on customers who choose to pay for their purchases with a credit card. Massachusetts is one of only a few […]
Massachusetts Legislative Update June 2023
State to Create Green Bank for Housing Energy Retrofits Governor Maura Healey has announced that her administration will create a “green bank” that is designed to pay for building retrofits and new construction of decarbonized buildings in Massachusetts. The Massachusetts Community Climate Bank will receive $50 million from the Department of Environmental Protection and will […]
MRLDA Lobby Day 2023
On Wednesday, June 7, 18 MRLDA members and staff met with 28 state legislative offices at the State House in Boston MA. Prior to the legislative meetings, the MRLDA Board held its meeting at RSM, who was gracious to host not only the board meeting but our legislative briefing as well. Our Legislative Counsel, Patrick […]
MRLDA 2023 Legislative Priorities
HOUSING DEVELOPMENT INCENTIVE PROGRAM TAX CREDITS Recent studies have found there is a need to construct more than 100,000 new housing units in Massachusetts in order to meet the current demand. We support Governor Healey’s proposal to increase the level of annual funding for the tax credits made available through the Housing Development Incentive Program. […]
Massachusetts Legislative Update May 2023
Legislature Approves Changes to Tax Rebate Law The House of Representatives and Senate have voted to exclude the new revenues from the “millionaire’s tax” from the law that requires the state to rebate tax revenues when they exceed a certain benchmark. The law, known as Chapter 62F, was triggered last year, which resulted in a […]