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Legislative Agendas State Budgets

Partridge Snow & Hahn LLP

Rhode Island Approves 63% Increase in Real Estate Conveyance Tax in 2026 Budget

On June 17, 2025, the Rhode Island House of Representatives approved the state’s $13.9 billion budget for FY 2026, which includes a substantial 63% increase in the real estate transfer (conveyance) tax. Effective July 1,...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, July 24, 2025

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Budget Impasse Stretched Into Third Week Past Deadline - With Pennsylvania’s budget negotiations stalled past the June 30 deadline, public transit agencies are facing imminent service cuts and schools risk starting the year...more

Cozen O'Connor

Pennsylvania Perspective for Monday, July 21, 2025

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PA Budget Stalemate Deepens, Raising Alarm for Schools, Transit- Three weeks past the deadline, Pennsylvania lawmakers remain deadlocked over the state budget, delaying critical funding decisions and raising alarms for...more

Seyfarth Shaw LLP

The Week in Weed: July 2025 # 2

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, another cannabis legalization measure cropped up in Pennsylvania. ...more

McGuireWoods Consulting

Comprehensive Overview Of 2025 Illinois Legislative Session From McGuireWoods Consulting

FY 2026 Budget - SB 2510 (Welch/Sims) created the fiscal year (FY) 2026 budget appropriation bill. The budget is based on estimated general funds revenues of $55.29 billion and spending of $55.04 billion for an estimated...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/14)

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Gov. JB Pritzker issues executive order for state agencies to assess 'disastrous' Trump tariffs- “Gov. JB Pritzker signed an executive order Monday directing state agencies to evaluate the economic impact Illinois could...more

Cozen O'Connor

New York Note: Hochul Raises $11M, Court Orders Housing Voucher Expansion, FY26 NYC Budget

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Hochul Raises $11 Million in First Half of 2025 for Reelection and Party Support - Governor Kathy Hochul raised $4 million for her 2026 reelection campaign and another $7 million for the state Democratic Party between...more

Brownstein Hyatt Farber Schreck

Colorado Braces for Medicaid Changes

With the signature of President Trump’s marquee domestic policy bill—H.R.1, the One Big Beautiful Bill Act—the federal approach to the Medicaid program is poised to change significantly. How Colorado’s political leaders treat...more

McDermott Will & Emery

Action on New York consent to payment law unlikely before 2026

NY Public Health Law (PHL) § 18-c, regarding consent for payment of certain medical services, was enacted as part of the 2025 New York State budget. As drafted, it requires patient consent to payment for treatment costs. The...more

Cozen O'Connor

Broad Street Brief: City Council Passes FY26 Budget, HOME Bills

Cozen O'Connor on

City Council Passes FY26 Budget, HOME Bills- During their final meeting before summer recess, the City Council passed a staggering 58 bills, including the FY26 Capital and Operating Budgets, business and wage tax cuts, and...more

Brownstein Hyatt Farber Schreck

Maryland’s Mixed Bond Rating

Earlier this month, Maryland received the sobering fiscal news that for the first time in over 50 years, Moody’s Investors Service downgraded the state’s bond rating. The change, from Aaa to Aa1, removes Maryland from the...more

Pillsbury Winthrop Shaw Pittman LLP

California Governor Releases 2025 Budget Proposal to Move Banks and Financial Corporations to Single-Sales-Factor Apportionment

The proposal includes a shift to a single-sales-factor apportionment formula for financial institutions, aiming to increase tax revenue starting in tax year 2025. Update: On May 14, 2025, Governor Newsom released the May...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - May 2025 #4

The Minnesota Legislature adjourned the 2025 Regular Session on Monday night, but a special session looms on the horizon as legislators failed to pass a complete budget. Despite meeting through the weekend and on Monday,...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (5/21)

Cozen O'Connor on

Illinois Lawmakers Discuss Budget Priorities as Legislative Deadline Looms - “Lawmakers are working to hammer out a balanced spending plan amid federal funding uncertainties and mounting pressure from agencies asking for more...more

Miller Starr Regalia

Senator Wiener and Assembly Member Wicks Applaud Governor Newsom’s Support of Their CEQA Reform Bills

Miller Starr Regalia on

On May 14, 2025, Senator Scott Wiener issued a press release stating that, on that morning, “Governor Gavin Newsom announced that he supports the strongest ever reforms of [CEQA],” referring to Newsom’s proposal to include in...more

Dentons

Iowa 2025 Legislative Session – Week 17

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Last week was the first week beyond the scheduled 110th day of the 2025 Iowa Legislative Session, and legislators made significant strides toward adjournment. On Thursday, the chambers released a joint budget agreement; with...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Legislators Consider Bills Before Crossover Deadline, Budget Work Continues

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Legislators considered dozens of bills over the last two weeks as they faced the “crossover” deadline of May 8. Under legislative rules, bills other than tax and appropriations bills must pass one chamber by that date to...more

Winthrop & Weinstine, P.A.

Legislative Top 5 – May 2025 #2

With the end of the 2025 legislative session fast approaching, legislators are working to approve the omnibus finance bills necessary to implement a FY 2026-2027 Biennial Budget. Legislative leaders and the Governor continue...more

Fox Rothschild LLP

Washington State to Raise Capital Gains, Estate Tax Rates

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By June 7, 2025, Gov. Bob Ferguson is expected to sign legislation into law that would increase funding for Washington State's Education Legacy Trust Account (ELTA) by raising the capital gains and estate tax rates. ...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (4/30)

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State legislators oppose Chicago mayor’s desire for more taxpayer dollars - “A number of Illinois legislators are making it clear that they oppose spending more state taxpayer dollars on Chicago unless city officials...more

Dentons

Iowa 2025 Legislative Session – Week 15

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It was a quieter week at the Iowa State Capitol as we reach the final stretch of the 2025 legislative session. As the first year of a general assembly, session is scheduled for 110 days, and this year, that day falls on...more

Bass, Berry & Sims PLC

2025 Legislative Recap – 114th Tennessee General Assembly, First Session

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The 114th Tennessee General Assembly concluded its first regular session on April 22, making it one of the most fast-paced sessions in recent years. Despite this compressed timeline, our government relations team successfully...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Senate Approves Budget Bill and Confirms Two More Secretaries

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Senate Budget bill - The North Carolina Senate on Thursday approved its version of the 2025 Appropriations Act by a vote of 30 to 15. Four Democrats joined twenty-six Republicans in supporting the bill. Fourteen Democrats...more

Spilman Thomas & Battle, PLLC

The Dome Report: Final Review of the 2025 Regular Session of the West Virginia Legislature

The 2025 regular session of the West Virginia Legislature concluded at midnight on April 12. As the dust settled, it became clear that Governor Patrick Morrisey was able to get the majority of his agenda enacted into law,...more

Cozen O'Connor

New York Note: Quality of Life Division, City Legislation, Budget Negotiation Team

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NYPD to Launch New Quality of Life Division - Mayor Adams and NYPD Commissioner Jessica Tisch announced that the New York Police Department will be forming a new Quality of Life Division. The new division will unite officers...more

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