BEACON HILL REPORTS FOR 2017

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#2017-30, October 20, 2017

Credit Union Bills to be Heard October 24; Bankers Urged to Contact Legislators
Senate Splits Closeout Budget Bill in Strategic Move 
Senate Plans to Debate Criminal Justice Reform Bill on October 26
SJC Issues Ruling on Decedent Email Access Challenge
Massachusetts Unemployment Rate Back Under 4 Percent

#2017-29, October 6, 2017

Business Groups File Legal Challenge with SJC Against Millionaires Tax Ballot Question 
Senate’s Criminal Justice Reform Bill Advanced
Lawrence State Representative Matias Announces Run for Congress
Members Encouraged to Attend MassSaves Financial Literacy Day on Beacon Hill on October 11

#2017-28, September 29, 2017

Financial Services Committee Holds Public Hearing on Debt Settlement Issues; Other Banking and Consumer Legislation
MBA Testifies on Numerous Foreclosure Bills at Judiciary Committee Hearing
Estate Tax Reform Gains Support at Revenue Committee Hearing
House and Senate Both Vote to Restore Millions to State Budget
Free Credit Freeze, Encryption Required Under AG-Backed Credit Reporting Agency Bill
Tax Collections Up Over First Half of September

#2017-27, September 15, 2017

House Restores $275 Million in Spending with Veto Overrides
Senate Still in Recess as Senate President Travels Abroad
Massachusetts Unemployment Rate Down as 10,800 Jobs Added in August

2017-26, September 8, 2017

Municipal Deposit Legislation to be heard by Joint Committee on Municipalities and Regional Government Next Week
Financial Services Committee Releases Fall Hearing Schedule
Tax Collections Still below Benchmarks as Budget Veto Overrides are considered by House 
Attorney General Healey Certifies Majority of Initiative Petitions as Ballot Eligible

#2017-25, August 25, 2017

Baker Taps Senator Flanagan to Fill Slot on Cannabis Board
Speaker DeLeo, Key Dems Gearing Up for an Active End of the Year
Unemployment Holds at 4.3 Percent in July; Matches National Rate

#2017-24, July 21, 2017

           Legislature Sends Recreational Marijuana Bill to Governor’s Desk
           Legislature Passes Pregnant Workers Bill
           Office of Consumer Affairs and Business Regulation to Hold Consumer Forum

#2017-23, July 18, 2017
           House Ways and Means Chairman to Resign; Speaker Taps Representative Sanchez as Successor
           amidst Mid-Session Leadership Shake-Up
           Baker Vetoes $320 Million from Latest Budget Proposal
           Deal Reached on Marijuana Bill; Tax Rate to Increase
           Governor’s Chief of Staff to Leave; A&F Secretary Lepore to Fill Role
#2017-22, July 7, 2017

           Massachusetts FY 18 Budget Agreement Reached
           SJC Justice Hines to Retire
           MBA’s Exploring the Benefits of Collaborations, Consortiums and Partnerships Program
           **POSTPONED**
           Division of Banks Releases its 2016 Annual Report

#2017-21, June 30, 2017
           Senate Passes Pregnant Workers Bill; Poised to Become Law
           Conference Committees Still Working on Budget and Marijuana Bills with Deadlines Approaching
           Division of Banks Hosts Cybersecurity Program with CSBS, Texas Department of Banking

#2017-20, June 23, 2017
          House and Senate Pass Conflicting Marijuana Ballot Law Rewrite Bills
          Governor Baker Offers Alternative Health Care Proposal to Budget Conferees
          Pregnant Workers Bill Scheduled in the Senate
          North Adams Representative Cariddi Passes Away

#2017-19, June 16, 2017
          After Contentious Week, Marijuana Bill Now Scheduled for House Debate Next Wednesday
          MBA Supports Financial Literacy Bills on Beacon Hill
          Association Opposes Infrastructure Bank Legislation at Economic Development Committee
          Hearing
          Massachusetts Bond Rating Downgraded Due to Reserve Policies
          Division of Banks to Hold Cybersecurity Program
          MBA to Host Seminar on Managing Accounts of Deceased Customers Program – Members
          Encouraged to Attend

#2017-18, June 9, 2017

House-Senate Budget Conference Committee Begins Deliberations; MBA Supports Changes to Sales Tax Remittance, Employer “Fair Share” Provisions
Key MBA-Supported Bills Scheduled for June Hearings
Division of Banks Establishes New Maximum Dishonored Check Fees
Massachusetts Business Confidence Rebounds in May
MBA to Host Seminar on Managing Accounts of Deceased Customers Program – Members Encouraged to Attend

#2017-17, May 26, 2017
          Senate Finalizes $40.4B Budget
          House Adds $45.5M in Spending Despite Continuing Revenue Shortfalls
          Former State Representative Keenan Selected For Salem State Presidency
          Division of Banks to Hold Cybersecurity Program

#2017-16, May 19, 2017
          Senate Releases $40.3B Budget; Debate Set to Begin May 23
          Association Testifies in Support of Bank Robbery, Card Skimmer and Check Fraud Legislation
          Massachusetts Unemployment Increases Again in April 

#2017-15, May 12, 2017
         
House Passes Pregnant Workers’ Rights Bill
          Revenue Base Continues Eroding as Budget Process Moves Forward
          Millionaire’s Tax Scheduled for June 14 Constitutional Convention
          Marijuana Regulatory Structure Remains Unclear
          House Budget Includes Language to Keep Tax Credits in State

#2017-14, May 5, 2017

House to Take Up Pregnant Workers Bill Next Week
Committee Hears Testimony on “Complex” Omnibus Housing Bill
April Tax Collections Down Sharply; Governor, Legislative Leaders Consider Revisiting Budget

#2017-13, April 28, 2017

House Passes Commonwealth’s First $40B Budget Bill
Governor Preparing for Potential Tax Revenue Shortfall
Framingham Representative Considering Run to Become City’s First Mayor
MCBC Hosting Community Investment Tax Credit Forum for Financial Institutions

#2017-12, April 14, 2017

House Budget Enables Governor to Pursue Employer Assessment; Same Day Sales Tax Remittance
Governor Baker Again Nation’s “Most Popular Governor”
Special Senate Election Date Set for Late Senator’s Seat

#2017-11, April 7, 2017

Senate Adds a Second Year of Funding to Local Road Repair Bill
House Budget Due Out Monday
Senator Kenneth Donnelly Dies after Eight Month Battle with Cancer
Massachusetts Business Confidence at Highest Level Since 2004 

#2017-10, March 31, 2017

House Passes Local Road Aid Bill
Speaker DeLeo Strikes Early Tone Against Possible Sales Tax Cut Ballot Initiative
Lynn Senator Announces Bid for Mayor
Attleboro Rep Announces Run for Mayor
Unemployment Rate Ticks Up in February

#2017-09, March 24, 2017

Marijuana Committee Holds First Hearing; Treasurer Asks for $10 M for Commission; AG’s Office Seeks Clarity on New Law
Supplemental Budget Sent to Governor’s Desk
Unemployment Rate Increases despite More Jobs
Mid-March Tax Collections Up 9.8 Percent

#2017-08, March 10, 2017

Budget Cuts Possible As Revenues Continues to Trail Predictions
House Speaker Discusses Early Session To-Do List at Chamber Breakfast
Massachusetts Unemployment Rate at 3.2% in January

#2017-07, March 3, 2017

Governor Pitching Plan to Replenish State’s “Rainy Day” Fund
Massachusetts Ranks #1 on Best States Rankings from US News & World Report
Baker Administration to Reassess North-South Rail Link Feasibility
Lottery Profits Down 3 Percent over Past Seven Months

#2017-06, February 24, 2017

Complete 2017-2018 Leadership and Committee Rosters Announced
Attorney General Healey Will Run for Reelection, not Governor in 2018; Former Senator Wolf Exploring Challenge to Baker
DOR Announces Tax Revenue Up 7 Percent through First Half of February
Office of Consumer Affairs and Business Regulation to Host Briefing on Top Consumer Trends

#2017-05, February 17, 2017

Senate President Rosenberg Announces Leadership Team, Committee Chairs and Members
Speaker DeLeo Announces Leadership and Committee Assignments
Lawmakers Plan for March Review of Budget Proposal
Business Confidence at a 12-Year High Among Massachusetts Employers

#2017-04, February 3, 2017

Lawmakers Overrule Governor’s Veto on Pay Raises; Agenda Begins to Take Shape
Baker Administration Unveils New Path for Solar Incentives
Senate Kicks Off Regional Town Hall Meetings

#2017-03, January 24, 2017

Association Files Seven Bills for Consideration in the 2017-18 Legislative Session
Lawmakers Hold Joint Meeting on Potential Pay Raises; Vote Scheduled for this Week
Massachusetts Unemployment Rate Hits 16-Year Low

#2017-02, January 13, 2017

Governor Signs First Waves of Bills from Final Days of 2015-2016 Session
Governor Baker Hosts Top Lawmakers to Talk Legislative Priorities
State’s Budget Leaders Agree on Projected FY18 Revenue Growth
Senate President Mulls Cybersecurity Task Force; Credits Banks’ “Strong Systems”
Legislature Likely to Reduce Home Grown Pot Limit


#2017-01, January 6, 2017

2015-2016 Session Ends with Marathon House and Senate Sessions
Rosenberg Elected Senate President; Discusses Policy Priorities
House Elects DeLeo Speaker; Agenda Will Focus on Leveraging State’s Strengths
Governor to Focus on Opioids, Marijuana Law and the Economy
Former Patrick Budget Chief Weighing Run for Governor