The annual report of the Massachusetts Development Finance Agency (MassDevelopment) and the Massachusetts Cultural Council (under Section 42 of Chapter 23G of the General Laws) submitting its fiscal year 2024 report of the Cultural Facilities Fund

194th Legislature (2025-2026)

Requires MassDevelopment and the Massachusetts Cultural Council to include the Cultural Facilities Fund FY2024 report in their annual reports, boosting legislative transparency.

Placed on file

HD 2303: Annual report submission for FY2024 Cultural Facilities Fund

Overview

Bill Number: HD 2303

Title: The annual report of the Massachusetts Development Finance Agency (MassDevelopment) and the Massachusetts Cultural Council under Section 42 of Chapter 23G submitting its fiscal year 2024 report of the Cultural Facilities Fund

Purpose: A proposed measure to require the agencies’ annual reporting to include the Cultural Facilities Fund’s FY2024 report

Introduced: January 16, 2025

Status: Placed on file

Legislative actions: 2025-01-16 — Placed on file

Purpose and intent

The bill directs MassDevelopment and the Massachusetts Cultural Council to include in their annual report (as required under Section 42 of Chapter 23G) the Cultural Facilities Fund’s fiscal year 2024 report.

The aim appears to be increasing transparency and ensuring the Legislature has access to the FY2024 Cultural Facilities Fund reporting within the agencies’ annual reporting framework.

Key provisions

Directs the agencies (MassDevelopment and the Massachusetts Cultural Council) to submit their annual report in alignment with Section 42 of Chapter 23G.

Requires inclusion of the Cultural Facilities Fund’s FY2024 report within that annual reporting package.

No new appropriations or substantive policy changes are stated in the available summary; the bill focuses on reporting requirements and documentation.

Affected entities

Massachusetts Development Finance Agency (MassDevelopment)

Massachusetts Cultural Council

The Cultural Facilities Fund (CFF) ecosystem and its stakeholders

Massachusetts Legislature and oversight bodies relying on annual and fund-specific reporting

Timelines and procedural status

Introduced and placed on file: January 16, 2025.

Immediate effect: As a placed-on-file measure, it does not currently advance to a committee vote or enactment; it serves to document legislative interest in the specified reporting requirement.

Potential impact

Increased transparency: Legislators and the public would have consolidated access to the FY2024 Cultural Facilities Fund report within the annual reporting materials.

Administrative workload: Potential minor increase in reporting consolidation requirements for MassDevelopment and the Massachusetts Cultural Council, though the exact impact would depend on existing reporting formats.

Fiscal impact: Likely minimal or none, as the bill concerns reporting procedures rather than new funding or programmatic changes.

Notes

This summary reflects the information available from the bill’s description and actions to date. If enacted, the bill would formalize the inclusion of the Cultural Facilities Fund’s FY2024 report in the agencies’ annual reporting under Section 42 of Chapter 23G.