Page 4 THE REVERE ADVOCATE – FRIDAY, MARCH 27, 2026 MASS HOUSE | FROM Page 3 our district—strengthening local infrastructure, supporting our schools, and ensuring resources reach the communities we represent. This legislation refl ects what we can accomplish when we collaborate and stay focused on delivering for our constituents.” “This important legislation delivers for the residents of Revere. The working class in Revere rely on an MBTA that works. This legislation provides critical funding to improve the MBTA. The Revere Public Schools rely on state aid for special needs funding. This legislation fully funds the promise of special education reimbursement. And working with Rep. Giannino and Mayor Keefe, this legislation provides important funding for Revere specifi c projects,” said Representative Jeff rey Rosario Turco (D. Winthrop). The bill delays conforming 8 Norwood St. Everett (617) 387-9810 Open Tues. - Sat. at 4:00 PM Closed Sun. & Mon. Announcing our Classic Specials Dine In Only:Dine In Only: * FREE Salad with purchase of Entree, Tuesdays & W Entree, Tuesdays & Wednesdays * Cheese Pizza - Only $10 Catch ALL The Live Sports Action On Our Large Screen TV’s Scan & Follow Us on Facebook!Scan & Follow Us on Facebook! to the federal corporate tax changes that were passed by Congress in the OB3 Act last year, which will represent approximately a $400 million revenue loss for the Commonwealth when fully implemented. Under the bill, the Research and Experimental expense deduction will be delayed one year, the deductions for the Modifi cation of Business Interest, Depreciable Asset Expensing, Qualifi ed Production Properties will be delayed two years, and the Modifi cation of Qualifi ed Opportunity Zone Investments program will also be delayed two years. However, should the ballot question to lower the state income tax from 5 percent to 4 percent pass in November, which would result in a $5 billion revenue loss when fully implemented, the Commonwealth would permanently decouple from these tax credits, preventing them from going into eff ect. The $1.8 billion bill is funded in part by $1.3 billion from excess Fair Share surtax funds to invest in public transportation and education. Highlights include: • $885 million towards transportation: º $740 million towards the MBTA • $525 million for the Defi ciency Reserve • $125 million for the Workforce & Safety Reserve www.810bargrille.com • $60 million for physical infrastructure with a focus on the core subway system • $20 million for low-income reduced fares • $10 million for water transportation infrastructure º Other transportation items include: • $50 million for snow and ice costs • $25 million for Regional Transit Authorities (RTAs) workforce development • $30 million to fund the Sustainable Aviation Fuel (SAF) Credit • $30 million for MassDOT Service Investments • $417 million towards education: º $150 million towards Special Education Circuit Breaker costs º $150 million to fund Early Education Child Care costs º $38.7 million for the EEC income eligibility waitlist • Includes $8 million for child care for providers and $7.5 million for the loan forgiveness program for providers º $20 million for Green SchoolWorks program to help schools with clean energy upgrades º $18.3 million for Financial Aid Supplements º $20 million endowment Match for UMass and other state colleges and universities º $5.1 million for Tomorrow’s Teachers Loan Forgiveness program º $5 million for ESOL Services Waitlist The bill also allocates $507 million from the General Fund: • $300 million for the Group Insurance Commission (GIC) • $54.4 million for sheriffs, representing half of the defi ciency º Requires reporting on the expenses of proposed usage of the funds • $41.6 million for DTA caseworkers • $10 million for FIFA Boston for World Cup related expenses The bill also includes the following outside sections: • Food Donation Tax Credit: Establishes a food donation tax credit for farm businesses based on the amount of food donated to a nonprofit food distribution organization. The credit is capped at $5,000 annually per individual. • Sustainable Aviation Fuel Credit: Allows taxpayers to take a credit against the tax imposed on fuels used for aircraft propulsion and, subject to limitation, requires the amount of credit per gallon of sustainable fuel to increase by $0.015 for each additional 1 percent reduction in lifecycle greenhouse gas emissions above 50 percent. The credit is capped at $10 million total for all cumulative tax credits over a fi scal year. • Ratifi es eight Collective Bargaining Agreements (CBAs) The bill passed the House of Representatives 150-3 and now goes to the Senate for consideration. Spring is Here! 10 Everett Ave., Everett 617-389-3839 Celebrating 67 Years in Business! n Roofing fng
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