Tax Expenditure Review Commission Meeting Agenda November 2025

TERC Meeting Agenda - Monday, November 17, 2025, at 10:00 a.m.

In accordance with Sections 18-25 of Chapter 30A of the Massachusetts General Laws and the Governor’s Order suspending certain provisions of the Open Meeting Law, M.G.L Ch. 30A §20, notice is hereby given of a meeting of the Tax Expenditure Review Commission. The meeting will take place as noted below.

Tax Expenditure Review Commission Meeting Monday, November 17, 2025 10:00 AM

Zoom Meeting
+1-646-558-8656
Meeting ID: 814 7896 4738
Passcode: 562140
(Public will be listen-only)

Meeting Agenda

  1. Welcome
  2. Approve September 2025 Meeting Minutes
  3. Presentation of November tax expenditure evaluation ratings, discuss and vote on ratings
    • 2.203   Net Operating Loss (NOL) Carryover
    • 2.502   Exemption for Property Subject to Local Taxation
    • 1.046   Exclusion of Benefits Provided to Volunteer Firefighters and Emergency Medical Responders
    • 1.018   Exemption of Meals and Lodging Provided at Work
    • 1.202   Deduction of Capital Losses against Interest and Dividend Income
    • 3.201   Exemption for Alcoholic Beverages
  4. Discuss next steps
Date published: November 3, 2025

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