MINORITY REPORT ON THE INITIATIVE PETITION OF CHRISTOPHER ROBERT ANDERSON AND OTHERS FOR THE PASSAGE OF AN ACT RELATIVE TO LIMITING STATE TAX COLLECTION GROWTH AND RETURNING SURPLUSES TO TAXPAYERS (SEE HOUSE, NO. 5006); AND THE INITIATIVE PETITION OF JAMES JOHN STERGIOS AND OTHERS FOR THE PASSAGE OF AN ACT RELATIVE TO REDUCING THE STATE PERSONAL INCOME TAX RATE FROM 5% TO 4%. (SEE HOUSE, NO. 5007)

Summary

The committee’s minority report recommends the General Court approve two voter‑initiated measures: one that would cap the growth of state tax collections and return any surplus to taxpayers, and another that would lower the personal income tax rate from 5 % to 4 %. The proposals are presented as a way to give families more disposable income and address the state’s affordability challenges.

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