Who We Are
The Tax Expenditure Review Commission (TERC) was created under Chapter 207 of the Acts of 2018 to review each tax expenditure every five years and evaluate its purpose, intent, goal, and effectiveness.
The TERC is chaired by a member appointed by the Commissioner of the Department of Revenue, and other members include the State Auditor; the State Treasurer; the chair of the House Committee on Ways and Means; the chair of the Senate Committee on Ways and Means; the House and Senate chairs of the Joint Committee on Revenue; the Minority Leader of the House of Representatives; the Minority Leader of the Senate; and 3 members to be appointed by the governor, who have expertise in economics or tax policy. The 3 members appointed by the governor will serve 4-year terms. TERC members may appoint designees.
The current designees serving on TERC are as follows:
- Rebecca Forter (Chairperson) (Department of Revenue designee)
- Diana DiZoglio (State Auditor)
- Lindsay Janeczek (State Auditor Designee)
- Deb Goldberg (State Treasurer)
- Sue Perez (State Treasurer designee)
- Representative Aaron Michlewitz (Chair, House Committee on Ways and Means)
- Tim Sheridan (House Committee on Ways and Means designee)
- Senator Michael Rodrigues (Chair, Senate Committee on Ways and Means)
- Amar Patel (Senate Committee on Ways and Means designee)
- Representative Mark Cusack (House Chair, Joint Committee on Revenue)
- Ryan Sterling (Joint Committee on Revenue designee)
- Senator Susan Moran (Senate Chair, Joint Committee on Revenue)
- Stephen Maher (Joint Committee on Revenue designee)
- Representative Bradley Jones (House Minority Leader)
- Representative Michael Soter (House Minority Leader designee)
- Senator Bruce Tarr (Senate Minority Leader)
- Chris Carlozzi (Senate Minority Leader designee)
- Professor Matthew Weinzierl (Governor Appointee)
- Professor Michelle Hanlon (Governor Appointee)
What We Do
The purpose of TERC is to evaluate Massachusetts’ tax expenditures. To measure the effectiveness of tax expenditures TERC will utilize forecasted revenue impacts on state and local taxing authorities, including
- Revenue loss versus gain
- Jobs created, retained or lost
- Average number of impacted taxpayers
- Return on investment
TERC will also evaluate the impacts on regional and national competitiveness through examining tax expenditures offered in other states. A biennial report of TERC's findings and evaluations is due to the legislature by March 1.
TERC will create a 5-year review schedule of each tax expenditure, as well as adopt policies and procedures to ensure taxpayer confidentiality of information. DOR will provide aggregate tax information.
Reports
2023 - 2024 Meetings
2023 - 2024 meetings are in chronological order from left to right.
2023 Meetings
January 9, 2023 |
March 9, 2023 |
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2024 Meetings
January 19, 2024 |
February 28, 2024 |
April 24, 2024 |
2021 - 2022 Meetings
2021 - 2022 meetings are in chronological order from left to right.
2021 Meetings
January 8, 2021 |
January 29, 2021 |
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2022 Meetings
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2019 - 2020 Meetings
2019 - 2020 meetings are in chronological order from left to right.
2019 Meetings
October 31, 2019 |
December 13, 2019
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2020 Meetings
February 7, 2020 |
May 1, 2020 |
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Tax Expenditure Review Commission Contacts
Cole Doherty-Crestin
Project Manager – Commissioner’s Office
MA Department of Revenue
dohertycc@dor.state.ma.us
(617) 626-4014
Related
- 2011-2012 Tax Expenditure Commission Materials
- Tax Expenditure Budget
- Mass Production Coalition Letter
- H4820 Signed Parchment
- Tax Expenditure Database (Master Database, Year 1 list, and Commerce/Energy Expenditures)
- WebEx Guide
- Tax expenditures originated from federal law
- OTPA External Selected Data Sources