The bill requires the Department of Revenue (DOR) to submit a report detailing year-to-date net state tax revenue for the current fiscal year, projections for the remainder of the fiscal year, and an assessment of whether net state tax revenue may exceed the allowable state tax revenue. The report includes specific estimates for fiscal year 2026, indicating that the total net state tax revenue is projected to be $41,811,534,188, while the allowable state tax revenue is estimated at $48,197,701,558, resulting in a shortfall of $6,386,167,370. Notably, the report clarifies that 4% income surtax revenue will not be subject to the limitations established by Chapter 62F.

Additionally, the report highlights various categories of state tax revenue collected as of September 30, 2025, with a total net state tax revenue (excluding the 4% income surtax) of $9,796,346,054. The DOR's estimates are based on available data and may be revised as more information becomes available. The report also includes a growth factor for allowable state tax revenue, which is estimated at 1.0390854 for fiscal year 2026, reflecting the growth in Massachusetts wages and salaries over the previous years.