... Gov. Baker to speak at Mintz Levin pharmaceutical summit on May 8 ...... Student loan collection bill on Senate's agenda for Thursday ...... Senate supplemental budget (S 2481) likely to receive approval on Thursday ...... Judiciary Committee has until May 2 to vote on sexual harassment, drugged driving bills ...... Baker returns Garden of Peace proposal with amendment, cites constitutional concerns ...... Solomon McCown hosting May 1 panel on "Enlightened Leadership During This Cultural Reckoning" ...... Poll: nearly two thirds of U.S. adult citizens will stay away from polls for mid-term elections ...... Sabadosa to kick off campaign for House seat Sunday in Northampton ...... Scaccia: tax credits to "richest people" in film industry are denying state Treasury $818 million ...... Daily Show's Trevor Noah to perform at UMass Lowell on Oct. 5 ...... Baker, Walsh chairing Asian American Civic Association gala in Boston June 22 ...... Baker asks feds for longer lookback at driving records of commuter rail operators ...... AG Healey to address Greater Boston Chamber breakfast on Thursday morning ...... Eric Donovan of Dorchester is Baker's pick for clerk magistrate in Brighton court ...... Former Sen. Barrios pays $19,500 to General Fund to resolve campaign $$$ problems ...... Rep. Calter is latest to leave Legislature, will take town administrator's job in Kingston ...
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NATIONAL GRID REDUCES RATE HIKE REQUEST, CITES TAX LAW

By Colin A. Young
STATE HOUSE NEWS SERVICE

STATE HOUSE, BOSTON, JAN. 11, 2018.....National Grid will seek a smaller rate hike in Massachusetts than it originally requested, the utility company said Thursday, citing the benefit of the recent federal tax reform bill.

The company announced that it will reduce its proposed rate hike for Bay Staters by $36 million -- from a total increase of $87 million to $51 million --due to unexpected savings the company is now expecting to see as a result of the federal corporate tax rate dropping from 35 percent to 21 percent.

"We are committed to ensuring that the tax savings of the legislation are fully realized and are used to help our customers in their energy bills," Cordi O’Hara, president and COO of National Grid in Massachusetts, said in a statement. "We’ll continue to seek opportunities to provide this benefit to all of our customers."


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