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Bill

SD 3614

OPMO Economic FY24 Annual Report

193rd Legislature (2023-2024)

Massachusetts legislature orders the Office of the President and Cabinet to submit a fiscal 2024 annual economic report documenting state economic performance and policy outcomes.

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Bill Summary · SD 3614

Legislative bill overview

SD 3614 is a legislative order directing the Office of the President and Cabinet Secretary (OPMC) to submit an annual economic report for fiscal year 2024. The bill requires documentation of economic performance, initiatives, and policy outcomes during that fiscal period. This is a procedural measure requiring executive branch reporting rather than substantive policy creation.

Why is this important

Annual economic reports from executive offices provide the legislature and public with transparency regarding economic development performance, budget execution, and the effectiveness of state economic policies. Such reports help inform future legislative decisions on economic priorities and allow oversight of executive branch economic initiatives.

Potential points of contention

  • Reporting burden and specificity: Unclear what specific metrics, data, or analysis the report must contain, potentially creating disputes over adequacy
  • Timeliness issues: The report is being filed in late December 2024 for FY24 (which likely ended June 30, 2024), raising questions about lateness and current relevance
  • Redundancy concerns: May duplicate reporting already required through budget documents or other executive filings, creating administrative overhead

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

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