Skip to main content

Tax Expenditure Review Commission

The Tax Expenditure Review Commission was created to review each tax expenditure every five years and evaluate its purpose, intent, goal, and effectiveness.

Updated: December 5, 2024

Skip table of contents

Table of Contents

You skipped the table of contents section.

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)
  • Nicole Manfredi (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)
  • Natasha Varyani (Governor Appointee)
  • Thomas Downes  (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 Meetings2024 Meetings

January 9, 2023

January 19, 2024

March 9, 2023

February 28, 2024

April 27, 2023

April 24, 2024

June 29, 2023

June 26, 2024

October 12, 2023

October 1, 2024

November 15, 2023

November 22, 2024

2021 - 2022 Meetings

2021 Meetings2022 Meetings

January 8, 2021

January 14, 2022

January 29, 2021

February 25, 2022

February 12, 2021

May 6, 2022

February 25, 2021

September 30, 2022

March 12, 2021

November 21, 2022

October 7, 2021

N/A

November 18, 2021

N/A

2019 - 2020 Meetings

2019 Meetings2020 Meetings

October 31, 2019

February 7, 2020

December 13, 2019

May 1, 2020

N/A

October 1, 2020

N/A

November 5, 2020

N/A

December 10, 2020

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

Help Us Improve Mass.gov  with your feedback

Please do not include personal or contact information.
Feedback