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January 28, 2014

Finegold plans to join treasurer's race

Andover Democrat will make announcement tomorrow

ANDOVER - State Sen. Barry Finegold, an Andover Democrat who has been positioning himself for months to run for treasurer, is expected to make his campaign official tomorrow when he plans a formal event in Boston to announce .

Finegold, who spent 14 years in the House before joining the Senate in 2011, plans to enter the Democratic primary race, which already includes two candidates, according to sources close to the senator. A campaign advisor would not confirm Finegold's plan, saying only that the Democratic would make clear his intentions for 2014.

Former 2006 candidate for lieutenant governor Deb Goldberg and state Rep. Tom Conroy are running as Democrats, while a Republican – businessman Mike Heffernan – announced his candidacy on Monday.

Finegold plans to hold a campaign kickoff event tomorrow at 3 p.m. at the Georgetown Housing Complex Community Center in Hyde Park, the areas of Boston where he was born. Family, friends and supporters are expected to attend.

Widely expected to run for the seat currently held by Treasurer Steven Grossman – who is running in the Democratic primary for governor - Finegold has spent much of the past year fundraising and building the infrastructure to mount a statewide campaign.

To close 2013, Finegold reported $434,813 in his campaign account, significantly more than any of his competitors. Finegold also pursued legislation that would give him something to run on in a race for treasurer, while also recently taking the lead on a bill to require juveniles convicted of first degree murder to serve at least 35 years before becoming eligible for parole.

In November, the Senate unanimously passed Finegold’s bill (S 1137) that would allow taxpayers to voluntarily contribute part or all of their annual tax refund to a financial literacy trust fund that would help pay for programs to educate underserved populations on how best to save and financially plan for their futures.

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