The bill pertains to the Division of Occupational Licensure (DOL) and its operational funding through the Division of Professional Licensure Trust Fund, now referred to as the DOL Trust. The DOL Trust is primarily funded by revenue from licensure fees, which are used to cover administrative costs associated with the operations and programs managed by the DOL. The bill mandates that the DOL Commissioner submit an annual report to the House and Senate Committees on Ways and Means detailing the revenue and expenditures of the DOL Trust, including an itemized list of expenditures by board or unit and an analysis of how these expenditures support the DOL's regulatory functions.

In the report, the DOL outlines its background, including its role in supervising 15 boards that regulate various trades and professions, and its efforts to provide centralized services to these boards. The report also highlights the financial status of the DOL Trust, indicating that in the first half of Fiscal Year 2025, the Trust collected approximately $3.7 million in revenue while expenditures totaled about $4.5 million. The DOL emphasizes the necessity of these expenditures to maintain its integrated operational model, which allows for efficient service delivery across multiple boards. The bill ultimately seeks to ensure that the DOL continues to receive the necessary resources to fulfill its consumer protection and regulatory responsibilities in Massachusetts.