There are an estimated 114 billion U.S. one-cent coins in circulation. But with no more to be minted, businesses and state government are starting to scramble for solutions to a potential penny shortage.
A surprisingly fast state budget deal reached over the weekend includes a provision that’s aimed at banning tenant-paid apartment broker fees.
Nearly three months into the new fiscal year, about one quarter of the state’s planned capital spending for economic development is tied up in an ongoing dispute among top House and Senate Democrats, according to a new report.
“We’re at the fiscal cliff,” the agency’s top budget official warned. That would mean the Legislature would have to pass some sort of revenue package for the T early in the year, or else the agency might be forced to start laying off workers
The philosopher George Santayana famously said, “Those who cannot remember the past are condemned to repeat it.” This is worth considering as the Massachusetts legislature debates rent control bills this year.
A bill approved by the Massachusetts Senate would make it easier for people who are homeless to obtain a state ID.
Massachusetts’ credit unions will now have expanded opportunities for mortgage lending after the governor signed a bill yesterday that modernizes credit union laws.
Legislators are expected to resume debate today on a halt to foreclosures and non-essential evictions for the duration of Massachusetts’ state of emergency, after one lawmaker objected to the proposed House-Senate deal Thursday.
A proposed merger between two funds that insure excess deposits at Massachusetts savings and cooperative banks could happen later this month.
A bill overhauling campaign finance rules for legislative candidates passed the House on Tuesday. Banks would have to report contribution and expenditure balances monthly.
The co-chair of the state legislature’s Housing Committee is eyeing a hearing “fairly soon” on Gov. Charlie Baker’s zoning reform bill and wants to work to address reservations some have with the bill.
