Massachusetts Legislature Passes Fiscal Year 2026 Budget to Safeguard Financial Health and Protect the State’s Most Vulnerable

The Massachusetts Legislature today enacted a $61.01 billion state budget for Fiscal Year 2026, a fiscally responsible plan that protects core services for the state’s most vulnerable residents, maintains critical investments, and positions the Commonwealth to confront the underlying budget challenges that are a result of federal funding uncertainty.

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Massachusetts Senate Passes Fiscal Year 2026 Budget to Safeguard Financial Health and Protect the State’s Most Vulnerable

The Massachusetts Senate today approved a $61.4 billion state budget for Fiscal Year 2026 (FY26). Over three full days of debate, the Chamber adopted 493 amendments, adding a total of $81.1 million in spending for statewide initiatives and local priorities for communities throughout the Commonwealth to the Senate Ways and Means Committee’s originally proposed budget.  

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Senate Releases Fair Share Package Investing in Public Education, Transportation Statewide

The proposal, S.2512, primarily uses funds from the Fair Share surtax, which is paid by households in Massachusetts earning more than $1 million per year, to expand career and technical education opportunities, to help construction projects at local schools and college campuses, and to support public transit and road and bridge funding for city and town governments.

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