The Massachusetts Fiscal Alliance issued the following statement following news that the State Auditor’s office certified a $2.94 Billion surplus that will now be returned to Massachusetts taxpayers.

The Massachusetts Department of Revenue released their numbers, which was required by September 1, which will be used to determine the full credit amount to be returned to Massachusetts taxpayers through Chapter 62F.

After months of committee hearings and widespread anticipation, the House has finally produced a bill outlining how they want to spend the federal ARPA funds and the massive surplus of tax dollars collected in 2020.