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 the DOL Commissioner to 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 responsibilities, which include supervising 15 boards that regulate various trades and professions, and providing centralized services to ensure efficient operations. The report indicates that in the first half of Fiscal Year 2025, the DOL Trust collected approximately $3.7 million in revenue, while expenditures totaled about $4.5 million. The DOL emphasizes the necessity of these expenditures to fulfill its statutory duties and requests continued legislative support for the DOL Trust to maintain its consumer protection and regulatory roles in Massachusetts.