Mass. House passes Supplemental Budget to close Fiscal Year 2025
The
"This supplemental budget closes the books on FY25, and aims to fortify the Commonwealth's finances, bolster economic development, and ensure continued access to critical health care services," said House Speaker
"This supplemental budget will close the books on FY25 in a balanced and fiscally responsible manner. By making critical investments into much needed programs in healthcare, education, and housing to name a few, the Commonwealth will be in a strong fiscal position for FY 26 and beyond," said Representative
"This supplemental budget closes the books on FY25, allocating important funds to programs that will help our residents," said Representative
The bill passed today appropriates
The bill passed today also includes a policy section which authorizes the
In addition to the appropriations, the bill also invests in the state's future by depositing the remainder of the funds to an escrow account (
Additionally, the House accepted an amendment from Chair
The bill also addresses budget deficiencies, including:
The bill passed in the



2025 FALL NATIONAL MEETING: CIPR EVENT ON CONSUMER OUTREACH DEC. 5, 2025
City of Auburn will remain in health insurance consortium as premiums rise
Advisor News
- House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall
- Iowa House backs temporary tax hike to fill Medicaid gap
- Iowa Medicaid temporary tax plan draws sharp public opposition
- Charitable giving planning can strengthen advisor/client relationships
- New $6K deduction could provide tax planning window for retirees
More Advisor NewsAnnuity News
- We can help find a loved one’s life insurance policy
- 2025: A record-breaking year for annuity sales via banks and BDs
- Lincoln Financial launches two new FIAs
- Great-West Life & Annuity Insurance Company trademark request filed
- The forces shaping life and annuities in 2026
More Annuity NewsHealth/Employee Benefits News
- 'No-cost" Lantern surgical benefit has modest early use from SHP members
- House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall
- ACA TURNS 16 AS MEGABILL'S ANTI-IMMIGRANT STANCE SETS PATH TO END COVERAGE GAINS AMONG PEOPLE WITH LAWFUL IMMIGRATION STATUS
- WARNER, SENATE DEMOCRATS UNVEIL PLANS TO LOWER HEALTH COSTS AMID TRUMP'S BROKEN PROMISES TO AMERICANS
- Medicare-for-all makes a comeback
More Health/Employee Benefits NewsLife Insurance News
- Murray Giles Hulse
- New individual life premium hits record-setting $17.5B in 2025
- Maryland orders Cigna to halt underpaying doctors or give cause
- Insurers optimistic about their investments in 2026
- AM Best Affirms Credit Ratings of PVI Insurance Corporation
More Life Insurance News