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HD 4850

A monthly report of the Department of Revenue (under Section 5(e) of Chapter 62F of the General Laws) on year-to-date net state tax revenue for May, 2025

194th Legislature (2025-2026)

Bill requires Massachusetts Department of Revenue to report year-to-date net state tax revenue for May 2025 under existing tax revenue reporting statutes.

Placed on file
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Bill Summary · HD 4850

Legislative bill overview

HD 4850 directs the Massachusetts Department of Revenue to submit a monthly report detailing year-to-date net state tax revenue for May 2025. This appears to be a routine fiscal reporting requirement under the existing Chapter 62F framework, which governs state tax revenue reporting mechanisms.

Why is this important

Accurate and timely revenue reporting is critical for state budget planning, deficit projections, and economic forecasting. May 2025 data would be relevant for mid-fiscal-year assessments and could inform supplemental budget decisions or revenue adjustments for the remainder of that fiscal year.

Potential points of contention

  • Redundancy concerns: May reports may already be required under existing Chapter 62F protocols, making this bill potentially duplicative or clarifying only
  • Timing specificity: Requiring reports tied to specific months could create administrative burdens if data verification requires more time than the reporting deadline allows
  • Limited scope: The bill's narrow focus on one month's data may have limited practical utility compared to quarterly or comprehensive annual reporting frameworks

Compiled from official sources — confirm details with the bill’s official record.

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