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Governor's Proposal Aims to Change Who Pays Broker Fees in Mass.
MASSACHUSETTS, JUN 29 – The $61 billion budget includes a $2.4 billion allocation from Fair Share surtax for education and transportation and bans mandatory tenant-paid broker fees to ease rental costs.
- The Massachusetts Legislature approved a $61 billion annual budget on Monday, sending it to Governor Maura Healey before the fiscal year starts.
- This budget deal followed warnings from state watchdogs about volatile revenues and aims to shift broker fees in the rental market from tenants to landlords.
- The plan includes $2.4 billion in surtax revenue for education and transportation, $1 billion for the MBTA, fare-free bus service, and measures to reduce upfront rental costs.
- The House approved the budget with a 139-6 vote, and the Senate followed with a 38-2 vote, after which Governor Healey emphasized the need to reduce rental costs by increasing housing availability.
- This budget sets a course to improve affordability and protect vulnerable residents while maintaining fiscal responsibility amid uncertain federal aid and revenue projections.
16 Articles
16 Articles
House and Senate send budget to governors desk
BOSTON (WWLP) - House and Senate budget negotiators have agreed on a deal for the fiscal year 2026 budget, determining how taxpayer money will be spent for the next year in the Bay State. Western Massachusetts lawmakers lead charge for youth behavioral health bills This budget deal has a 61 billion dollar bottom line, and negotiators say it is focused on keeping essential state programs in motion despite economic uncertainty and threats of…
Beacon Hill passes $61 billion budget
The Legislature on Monday approved a $61 billion annual spending bill Monday, and are set to send the budget to Gov. Maura Healey's desk before the end of the fiscal year. It's the first time in more than a decade the budget arrived on time.
Could broker's fees soon be a thing in the past for renters in Massachusetts?
Massachusetts lawmakers on Monday are expected to send to the 2026 fiscal year budget to Governor Maura Healey’s desk. Some relief for renters is on the table in this new budget — the plan could end tenants having to pay broker’s fees. If you’ve looked for an apartment here in Boston, or in nearby communities, you know the broker’s fee can be expensive. As it stands now, renters are generally the ones who pay the broker’s fee when they rent an a…
Mass. lawmakers are on precipice of outlawing mandatory tenant-paid broker’s fees in $61 billion budget - The Boston Globe
Legislative leaders released a spending plan that clocks in about a half-billion less than what the Senate and House passed just this spring.
The Sun (Lowell)
Massachusetts House, Senate negotiators reach agreement on $61 billion state budget
The Legislative committee responsible for working out the kinks between the House and Senate budget proposals have come to an agreement on a $61 billion spending plan, they announced on Sunday. House Speaker Ron Mariano and Senate President Karen Spilka said in a joint statement that the fiscal 2026 budget represents their “shared commitment to spending taxpayer dollars responsibly.” “This agreement incorporates many of the strongest proposals f…
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