Massachusetts Senate Approves $32.4 Billion Budget

more+
less-

The Massachusetts Senate last week approved a $32.4 billion FY2013 budget. The final vote followed consideration of 694 amendments that covered myriad issues impacting several industries, including health care, energy and environment, transportation, education, and economic development.

In addition to its general spending proposals, the Senate adopted numerous amendments that set its budget apart from the House’s plan, which passed in late April, as well as the Governor’s. A six-member conference committee will soon be appointed to try to reach agreement on a final budget by the July 1 start of the new fiscal year. For more information about the budget proposals and budget process, see our previous MLS Alert on the subject.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Elections & Politics Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Mintz Levin | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »