Chapter 62F

House Speaker Ron Mariano expressed interest in repealing Chapter 62F, a tax cap law that triggered a $3 billion rebate to taxpayers in 2022, but cited uncertainty about legislative support due to its political sensitivity. Sen. Jason Lewis shifted his proposal from repealing the law to adjusting its revenue cap threshold, while Sen. Bill Driscoll advanced reforms to the Gateway City designation process.

Massachusetts state senators, led by Sen. Jason Lewis, are pushing to repeal Chapter 62F, a tax cap law, through an amendment to an economic development bill. The move aims to prevent a fall tax-reform ballot question and has 20 cosponsors, but requires House and gubernatorial approval. Jim Stergios of the Pioneer Institute criticizes the effort as undermining voter initiatives.

Massachusetts' Supreme Judicial Court removed a proposed income tax cut question from the November ballot, citing a misleading summary by the attorney general’s office. The court ruled the summary incorrectly stated the tax cut’s impact on long-term capital gains, rendering the measure ineligible for voter consideration.