Lawmakers Plan $1.3B Surtax Budget Debate

Mass. lawmakers reach deal to seed MBTA with $535 million from ‘millionaires’ surtax spending package - The Boston Globe

The package unveiled Monday splits the difference on MBTA funding proposed in bills in the House and Senate, and includes $300 million alone to replenish the MBTA’s budget reserve.

Lawmakers plan $1.3B surtax budget debate

House and Senate Democrats have struck agreement on a compromise $1.3 billion surtax surplus spending bill, preparing it for final passage this week. Each branch this spring passed a $1.3 billion supplemental budget to put into use surplus funds collected through the 4% surtax on household income above about $1 million annually. That revenue is supposed to only be spent on transportation or education initiatives: the House divided the $1.3 billi…

Transportation gets upper hand in $1.3B state spending accord; $5M set aside for World Cup transportation improvements

BOSTON -- Having spent the last two and a half weeks running "numbers games," House and Senate negotiators struck an agreement Monday on how to divvy up more than $1.3 billion in surplus revenue generated by the state's surtax on…