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The treasurer and receiver-general of Massachusetts is an elected constitutional officer in the executive branch of the U.S. state of Massachusetts. Originally appointed under authority of the English Crown pursuant to the Charter of the Massachusetts Bay Company, the office of treasurer and receiver-general (commonly called the "state treasurer") became an elective one in 1780.Template:Efn Sixty-one individuals have occupied the office of state treasurer over the ensuing centuries. The incumbent is Deb Goldberg, a Democrat who took office January 21, 2015.
Election
Term of office
The treasurer is elected by the people on Election Day in November to four-year terms, and takes office on the third Wednesday of the January following a general election. There is no limit to the number of terms a treasurer may hold.[1] Institutionally speaking, the treasurer is thus independent of both the governor and General Court for the purpose of performing their official duties. These constitutional protections notwithstanding, the treasurer may still be impeached for misconduct or maladministration by the House of Representatives and, if found guilty, removed from office by the Senate.[2]
Qualifications
Any person seeking election to the office of treasurer must meet the following requirements:
- Be at least eighteen years of age;
- Be a registered voter in Massachusetts;
- Be a Massachusetts resident for at least five years when elected; and
- Receive 5,000 signatures from registered voters on nomination papers.[3]
Vacancies
In the event of a vacancy in the office of treasurer, the General Court is charged, if in session, with electing from among the eligible citizens of the Commonwealth a successor to serve the balance of the prior treasurer's term in office.Template:Efn If, however, the vacancy occurs while the General Court is not in session, then responsibility for appointing a successor falls to the governor. The appointment is not valid without the advice and consent of the Governor's Council.[4]
Powers and duties
The state treasurer is in effect the chief financial officer for the Commonwealth of Massachusetts.[5] As such, the state treasurer manages the Commonwealth's cash flows and invests the working capital of state agencies and local governments.[6] The state treasurer is also responsible for issueing, registering, and servicing the Commonwealth's public debt along with administering escheats and unclaimed property that accrue to the Commonwealth.[7][8] These are core functions shared with other state treasurers.[9]
Other programs have been assigned to the state treasurer by law. For example, the state treasurer regulates the sale of alcoholic beverages within intrastate commerce, provides tax-advantaged ABLE and college savings programs to Bay Stater residents, and manages the state lottery.[10][11][12] Likewise, the state treasurer administers deferred compensation plans to public and nonprofit employees along with bonuses to veterans, servicemembers, and military families domiciled in Massachusetts.[13][14]
Aside from these functional responsibilities, the state treasurer is ex officio chair of the Massachusetts Clean Water Trust, the Massachusetts School Building Authority, the Massachusetts State Retirement Board, and the Pension Reserves Investment Management Board.[15][16][17][18] These independent agencies are governed by multimember boards attached to the Office of the Treasurer and Receiver-General for administrative purposes.
Organization
The Office of the Treasurer and Receiver-General is organized into the following departments:
- the Alcoholic Beverages Control Commission;
- the Department of Cash Management;
- the Department of Debt Management;
- the Department of Defined Compensation Plans;
- the Massachusetts Clean Water Trust;
- the Massachusetts School Building Authority;
- the Massachusetts State Lottery;
- the Office of Economic Empowerment;
- the Pension Reserves Investment Management Board;
- the State Retirement Board;
- the Unclaimed Property Division; and
- the Veterans' Bonus Division.[19]
List of treasurers and receivers-general (1780–present)
Template:Static row numbers
Treasurer and Receiver-General
|
Party
|
Years
|
|
|
Henry Gardner Sr.
|
|
1780– 1783
|
|
|
Thomas Ivers
|
|
1783– 1787
|
|
|
Alexander Hodgden
|
|
1787– 1792
|
|
|
Thomas Davis
|
|
1792– 1797
|
|
|
Peleg Coffin Jr.
|
Federalist
|
1797– 1801
|
| File:Jonathan Jackson (NYPL b12349186-420018) (cropped).jpg
|
Jonathan Jackson
|
Federalist
|
1802– 1806
|
| File:Thomson Joseph Skinner (Massachusetts Congressman).jpg
|
Thomson J. Skinner
|
Democratic- Republican
|
1806– 1808
|
| File:Josiah Dwight (1767–1821).png
|
Josiah Dwight
|
|
1808– 1810
|
|
|
Thomas Harris
|
|
1810– 1811
|
|
|
Jonathan L. Austin
|
Democratic- Republican
|
1811– 1812
|
|
|
John T. Apthorp
|
|
1812– 1817
|
|
|
Daniel Sargent
|
|
1817– 1822
|
| File:Nahum Mitchell, head-and-shoulders portrait, right profile LCCN2007675931.jpg
|
Nahum Mitchell
|
Federalist
|
1822– 1827
|
|
|
Joseph Sewall
|
|
1827– 1832
|
|
|
Hezekiah Barnard
|
|
1832– 1837
|
|
|
David Wilder Jr.
|
style="background-color:Template:Party color" | Whig
|
1837– 1842
|
|
|
Thomas Russell
|
|
1842– 1843
|
|
|
John Mills
|
|
1843– 1844
|
|
|
Thomas Russell
|
|
1844– 1845
|
|
|
Joseph Barrett
|
|
1845– 1849
|
|
|
Ebenezer Bradbury
|
style="background-color:Template:Party color" | Whig
|
1849– 1851
|
|
|
Charles B. Hall
|
|
1851– 1853
|
|
|
Jacob H. Loud
|
|
1853– 1855
|
|
|
Thomas J. Marsh
|
|
1855– 1856
|
|
|
Moses Tenney Jr.
|
Opposition
|
1856– 1861
|
| File:Henry K. Oliver.png
|
Henry Kemble Oliver
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1861– 1866
|
|
|
Jacob H. Loud
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1866– 1871
|
| File:Charles Adams Jr. (page 705 crop).jpg
|
Charles Adams, Jr.
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1871– 1876
|
| File:Charles Endicott.png
|
Charles Endicott
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1876– 1881
|
| File:Daniel A. Gleason.png
|
Daniel A. Gleason
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1881– 1886
|
| File:Alanson Wilder Beard.png
|
Alanson W. Beard
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1886– 1889
|
| File:George Augustus Marden.png
|
George A. Marden
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1889– 1894
|
|
|
Henry M. Phillips
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1894– April 12, 1895
|
| File:Edward P. Shaw.png
|
Edward P. Shaw
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
April 25, 1895– 1900
|
| File:Edward S. Bradford.png
|
Edward S. Bradford
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1900–1905
|
| File:Arthur Chapin.png
|
Arthur Chapin
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1905– April 1, 1909
|
| File:Elmer A. Stevens Massachusetts Treasurer 1912.png
|
Elmer A. Stevens
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
April 7, 1909– 1914
|
| File:Frederick William Mansfield.png
|
Frederick Mansfield
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
1914– 1915
|
| File:Charles L. Burrill.png
|
Charles L. Burrill
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1915– 1920
|
| File:Fred J. Burrell.png
|
Fred J. Burrell
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1920– September 3, 1920
|
|
|
Albert P. Langtry (Acting) Henry A. Wyman (Acting) John R. Macomber (Acting)[20]
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
September 4, 1920– September 8, 1920
|
| File:James Jackson (Massachusetts politician).png
|
James Jackson
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
September 8, 1920– 1924
|
| File:William S. Youngman.png
|
William S. Youngman
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1924– 1928
|
| File:John W. Haigis.png
|
John W. Haigis
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1928– 1930
|
| File:CharlesFHurley.jpg
|
Charles F. Hurley
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
1931– 1937
|
|
|
Karl H. Oliver
|
|
1937
|
|
|
William E. Hurley
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1937– 1943
|
| File:Francis X. Hurley.png
|
Francis X. Hurley
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
1943– 1945
|
|
|
John E. Hurley
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
1945– 1947
|
| File:Laurence Curtis.jpg
|
Laurence Curtis
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
1947– 1949
|
|
|
John E. Hurley
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
1949– July 5, 1952
|
| File:Foster Furcolo.jpg
|
Foster Furcolo
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
July 5, 1952– 1955
|
|
|
John Francis Kennedy
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
1955– 1961
|
| File:1955 John T. Driscoll Massachusetts House of Representatives.png
|
John T. Driscoll
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
1961– 1964
|
| File:Robert Q. Crane (9504749002).jpg
|
Robert Q. Crane
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
1964– 1991
|
| File:Joe Malone file photo (cropped).jpg
|
Joe Malone
|
style="background-color:Template:Republican Party (US)/meta/shading" | Republican
|
January 3, 1991– January 7, 1999
|
| File:Shannon O'Brien (3x4a).jpg
|
Shannon O'Brien
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
January 7, 1999– January 2, 2003
|
| File:Timothy Cahill (3x4a).jpg
|
Tim Cahill
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
January 2, 2003– July 2009
|
| Template:Party shading/Independent | Independent
|
July 2009– January 3, 2011
|
| File:Steve Grossman crop (cropped).jpg
|
Steve Grossman
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
January 17, 2011– January 21, 2015
|
| File:Deb Goldberg (cropped).jpg
|
Deb Goldberg
|
style="color:black;background-color:Template:Democratic Party (US)/meta/shading" | Democratic
|
January 21, 2015– present
|
See also
Notes
Template:Notelist
References
Template:Reflist
External links
Template:US state navigation box
Template:Current Massachusetts statewide political officials
Template:Massachusetts government
Template:U.S. State Treasurers
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