DREYFUS PREMIER STATE MUNICIPAL BOND FUND
                              MASSACHUSETTS SERIES
                            Registration No. 811-4906
                                                                 Sub-Item 77M


During  the fiscal  period  ended  October  31,  2004,  the  Registrant  was the
surviving  entity of an exchange  transaction  with  Dreyfus  Massachusetts  Tax
Exempt Bond Fund (the "Acquired Fund") as described below.

On April 6, 2004 and April 28,  2004,  the  Registrant's  Board and the Acquired
Fund's Board,  respectively,  each unanimously approved an Agreement and Plan of
Reorganization  providing  for the  transfer  of all of the  assets,  subject to
liabilities, of the Acquired Fund to the Registrant in exchange (the "Exchange")
for Class Z shares of the  Registrant  having an aggregate net asset value equal
to the value of the Acquired Fund's net assets.

At a Special  Meeting of  Shareholders  of the Acquired  Fund held on October 6,
2004,  shareholders of the Acquired Fund voted to approve the Agreement and Plan
of Reorganization. The votes of the Registrant's shareholders were not solicited
since their approval or consent was not necessary for the Exchange.

After the close of business on October 20, 2004,  the  Exchange was  consummated
and the Class Z shares of the  Registrant  received  by the  Acquired  Fund were
distributed to  shareholders of the Acquired Fund in liquidation of the Acquired
Fund, with each shareholder  receiving a pro rata  distribution of shares of the
Registrant's  Class Z shares (or  fraction  thereof)  for shares of the Acquired
Fund held prior to the Exchange.  Following this liquidation,  the Acquired Fund
was dissolved.