Restore Accountability. Improve Affordability.
Modernize Massachusetts’ Revenue Growth Limit
A practical step to help keep Massachusetts affordable, competitive, and fiscally responsible. Vote YES this November.
Massachusetts Has an Affordability Challenge.
Massachusetts families are confronting one of the highest costs of living in the nation. Housing, childcare, healthcare, energy, and everyday expenses continue to rise while more residents and businesses are choosing to leave for states with lower costs and greater opportunity. Improving affordability requires thoughtful practical solutions
Restoring an Important Taxpayer Protection.
In 1986, Massachusetts voters approved Chapter 62F to establish a Revenue Growth Limit. The law was designed to ensure that when state tax collections exceeded reasonable growth limits, taxpayers, not just state government, would benefit through automatic refunds. Over time, the formula used to calculate that limit has become outdated, making taxpayer refunds increasingly rare despite substantial growth in state tax collections.
This ballot question restores the original purpose of Chapter 62F by modernizing the formula to better reflect actual tax revenue growth.
Why a ballot question to modernize the revenue growth limit?
Massachusetts has long been one of the world’s leading innovation economies. Today, however, affordability has become one of our greatest competitiveness challenges. High housing costs, rising taxes, and increasing living expenses make it harder to attract talented workers, retain young families, grow businesses, and encourage long-term investment. Modernizing the Revenue Growth Limit will not solve every challenge facing Massachusetts but it is one practical, achievable step toward making the Commonwealth more affordable while encouraging responsible government growth.
What this proposal does:
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Modernizes the Revenue Growth Limit formula
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Preserves annual budget decisions by elected officials
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Provides more meaningful taxpayer refunds when revenues exceed the legal limit
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Encourages responsible, sustainable government growth
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Strengthens affordability and public confidence in state government
What this proposal DOES NOT do:
✘ Eliminate funding for education, transportation, healthcare, or public safety
✘ Prevent future investments in Massachusetts
✘ Replace the annual state budget process
✘ Limit the Legislature's ability to set spending priorities
Every family, nonprofit, and business must live within a budget. State government should too. This proposal does not write the state budget or determine funding for education, healthcare, transportation, or public safety. Governors and legislators will continue to establish spending priorities each year through the normal budget process. Instead, this reform restores an effective fiscal guardrail by ensuring that when tax collections substantially exceed the legal Revenue Growth Limit, taxpayers automatically receive their share back.
Responsible budgeting and taxpayer protection can coexist with strong public investments.
A more Affordable, Competitive Massachusetts
Massachusetts’ future depends on remaining the best place in the world to live, work, innovate, grow a business, or raise a family. That requires practical, data-driven policies that improve affordability, encourage economic growth, protect taxpayers, and promote responsible fiscal stewardship.
Vote YES to restore accountability, improve affordability, and strengthen Massachusetts’ future.
A YES Vote Will:
Modernize Massachusetts' existing Revenue Growth Limit
Restore an important taxpayer protection approved by voters
Promote responsible government budgeting
Return excess tax collections to taxpayers when revenues exceed the legal limit
Help strengthen Massachusetts' affordability and long-term competitiveness
If the Updated Formula Had Been in Place…
Massachusetts taxpayers would have:
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Received refunds in 24 of the past 40 years
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Shared more directly in periods of extraordinary state revenue growth