Massachusetts' new 4% tax on millionaires is bringing in $1 billion in revenue this year.
Maura Healey last week signed a $55.98 billion state budget that spends the funds.
The money is going toward free school lunches, discounted transit fares, and college financial aid.
Maura Healey last week signed a $55.98 billion state budget for the 2024 fiscal year to spend the money.
The signing of the budget made Massachusetts the eighth state to adopt a plan for free school lunches since the expiration of federal free school lunches that had emerged during the COVID-19 pandemic.
Persons:
Maura Healey, Healey
Organizations:
Gov, Service, Massachusetts, Democratic, Democratic Massachusetts Gov
Locations:
Massachusetts, Wall, Silicon, Democratic Massachusetts