Exhibit II: Net State Tax Revenues for the Fiscal Year Ended June 30, 2022

An overview of the information used to support the conclusions of this report.

Overview

Type of State Tax Collected (by Agency)	Gross State Tax Revenues	Refunds and Abatements	Net State Tax Revenues
Department of Revenue:
Alcoholic Beverages	$         97,038,334	$             16,789	$         97,021,545
Financial Institutions	24,158,302	1,532,987	22,625,315
Cigarettes*	391,466,346	779,931	390,686,415
Corporations	4,883,113,715	306,303,086	4,576,810,629
Deeds	326,425,503	89,448	326,336,055
Estate and Inheritance	914,553,288	46,109,683	868,443,605
Income*	26,309,384,431	1,930,847,973	24,378,536,458
Insurance	539,941,052	30,824,459	509,116,593
Motor Fuels and I.F.T.A.†	725,515,032	2,727,353	722,787,679
Public Utilities	1,649,810	77,984	1,571,826
Room Occupancy ‡	306,120,299	11,901,406	294,218,893
Sales and Use ‡	8,974,013,112	164,633,030	8,809,380,082
Club Alcoholic Beverages	627,955	6,488	621,467
Motor Vehicle Excise	1,137,270	22,199	1,115,071
Convention Center Surcharges	10,613,128	17,558	10,595,570
Community Preservation Trust	70,650,181	0	70,650,181
Controlled Substances and Marijuana Excise	156,669,255	0	156,669,255
Satellite	6,081,222	445	6,080,777
Statewide Car Rental	4,424,355	99	4,424,256
Electronic Nicotine Delivery System	16,333,779	7,615	16,326,164
Subtotal (Department of Revenue)	$  43,759,916,369	$ 2,495,898,533	$  41,264,017,836
Massachusetts Gaming Commission:
Pari-Mutuel Taxes	1,080,125	0	1,080,125
Gaming Revenue Tax	300,056,546	0	300,056,546
Lottery Commission:
Beano	336,672	0	336,672
Raffles and Bazaars	814,877	0	814,877
State Athletic Commission:
Boxing Contests	76,779	0	76,779
Boxer’s Fund	18,359	0	18,359
Division of Insurance:
Excess and Surplus Lines Insurance	78,879,752	0	78,879,752
Secretary of State:
Deeds Excise Stamp Tax Fees	146,008,812	0	146,008,812
Department of Unemployment Assistance:
Workforce Training Contribution	21,364,600	0	21,364,600
Subtotal (Other Agencies)	$       548,636,522	$                      0	$       548,636,522
Total (Department of Revenue and Other Agencies)	$  44,308,552,891	$ 2,495,898,533	$  41,812,654,358

*    Includes income tax penalties assessed under Section 2 of Chapter 111M of the Massachusetts General Laws (totaling $41,893,668) and cigarette excise revenue assessed in accordance with Sections 12 and 70 of Chapter 302 of the Acts of 2008 (totaling $80,633,725) credited to the Commonwealth Care Trust Fund (CCTF). Fiscal year 2022 tax revenues credited to the CCTF totaled $122,527,393.

†    International Fuel Tax Agreement.

‡    Includes sales, meals, and room occupancy taxes, as well as service fees for the City of Worcester Digital Federal Credit Union Arena and Convention Center Capital Improvement Fund.

Date published:	September 15, 2022