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Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (8/6)

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Pritzker says Illinois remap is possible as DNC chair vows to fight Texas GOP efforts 'tooth and nail' - “Gov. JB Pritzker on Tuesday opened the door further to a potential mid-decade congressional remap in Illinois, as...more

Brownstein Hyatt Farber Schreck

Colorado Governor Convenes Special Legislative Session

This morning, Gov. Jared Polis issued Executive Order D 2025 009, convening the Colorado General Assembly in an extraordinary legislative session to begin on Aug. 21, 2025. The governor has this power under Article IV,...more

Cozen O'Connor

Pennsylvania Perspective for Monday, August 4, 2025

Cozen O'Connor on

Gov. Shapiro Urges Compromise as Budget Talks Stall - Governor Josh Shapiro (D) says progress is slow but ongoing in Pennsylvania’s overdue budget negotiations, with mass transit funding and school choice among key sticking...more

Holland & Knight LLP

Spaceports in Florida: New Federal and State Provisions Will Create Development Opportunities

Holland & Knight LLP on

Recent legislation in Florida, combined with recent provisions in the federal budget, promotes Florida's reputation and role as a welcoming environment for the space industry. Federal lawmakers from Florida, the Florida...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Legislators Pass Appropriations Bill and Override Vetoes

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Legislators left Raleigh on Wednesday after passing an appropriations bill and overriding a number of vetoes by Gov. Josh Stein. New Appropriations Bill Both houses this week adopted H 125, which provides various...more

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

Cozen O'Connor on

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

Bond Schoeneck & King PLLC

What Lies Ahead for Healthcare and Human Services Now that the One Big Beautiful Bill Act Is Law

With President Trump’s July 4th signing of the One Big Beautiful Bill Act (“OBBBA,”) Federal reconciliation package into law, we will see massive shifts – some near-term, and others over time – in the administration of and...more

Mintz - Health Care Viewpoints

Challenges Facing Managed Care Organizations under the Current Administration

Within the first six months of President Trump’s second term, his Administration and the GOP have already implemented significant policies that are reshaping health care in the United States. Through his Administration’s...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

Holland & Knight LLP

Washington State Budget Triggers Higher Business, Capital Gains and Estate Taxes in 2025

Holland & Knight LLP on

Thanks to three primary revenue bills that were signed into law earlier this year, taxes are going up in the state of Washington, in particular for large service businesses, estates and individuals earning capital gains. ...more

Venable LLP

SALT Alert: Maryland Fixes PTET for Residents, but S Corporations Face New Risk

Venable LLP on

As part of its fiscal 2026 budget legislation (H.B. 352), Maryland enacted a significant change to its elective pass-through entity tax (PTET) regime. Effective for tax years beginning after December 31, 2025, the PTET base...more

Vorys, Sater, Seymour and Pease LLP

Ohio Budget Bill Brings Significant Changes and Economic Development Focus

On June 30, 2025, Governor Mike DeWine signed Amended Substitute House Bill 96 (H.B. 96), establishing Ohio's biennial budget for State fiscal years 2026-2027 (July 1, 2025 through June 30, 2027). This comprehensive budget...more

Vorys, Sater, Seymour and Pease LLP

Material Changes Transform the Ohio TMUD Tax Credit

The new Ohio budget signed June 30, 2025 (the Budget Bill or HB 96) enacts substantial changes to Ohio Revised Code Section 122.09, the Transformational Mixed-Use Development Tax Credit (TMUD Tax Credit). The TMUD Tax...more

Ruder Ware

Capitol Connection, July 2025

Ruder Ware on

The ever-changing landscape of state government requires businesses across all industries to stay informed on the happenings in Madison. Welcome to the July issue of the Capitol Connection....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

Cozen O'Connor

New York Note: FY26 Budget Passage, City Legislation, Brooklyn Power 100

Cozen O'Connor on

On June 30, the City Council formally adopted the $115.9 billion FY 2026 budget. The budget includes funding to pilot a new free child care program for children under 2 years old, along with a significant increase in City...more

McDermott Will & Schulte

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

Cole Schotz

New Jersey’s Latest Budget Has Sweeping Changes to the Mansion Tax

Cole Schotz on

The latest budget passed by the New Jersey legislature and signed by term-limited Governor Phil Murphy quietly enacted changes to New Jersey’s Mansion Tax, which affects not only residential properties but commercial...more

Bricker Graydon LLP

Economic Development Changes Abound in Ohio’s Operating Budget Bill

Bricker Graydon LLP on

For those considering state government jobs after college or graduate school, certain opportunities often come with the informal – but widely known – warning: this can be a hard job during the state’s biennial budget drafting...more

Bressler, Amery & Ross, P.C.

New Jersey Modifies Mansion Tax on Sales of Real Property

The New Jersey state legislature has passed new legislation, as part of the State’s 2026 fiscal year budget, that directly and significantly impacts sellers and buyers of real property in New Jersey. Previously, a 1% fee...more

McCarter & English, LLP

New Jersey Enacts FY 2026 Budget: Key Takeaways

New Jersey has enacted its Fiscal Year 2026 budget, with the Legislature passing a $58.78 billion spending plan ahead of the July 1 constitutional deadline. The final budget reflects an increase of approximately $727 million...more

Dentons

2025 Summer Interim Update – New Laws Effective July 1

Dentons on

The 2025 Legislative Session adjourned on May 15, and over the next 30 days, the Governor took final action on bills, concluding her work on June 11. Now the majority of new laws take effect today, July 1, 2025....more

Brooks Pierce

Brooks Pierce Capital Dispatch: Legislators Pass New Helene Recovery and Other Bills; Budget Discussions Continue; Senate Confirms...

Brooks Pierce on

Legislators left Raleigh on Thursday after a flurry of activity and adoption of many bills. They did not reach agreement on a new two-year budget (S 257) and may continue work on it and other spending bills when they return...more

Akerman LLP - HR Defense

New York City's Commercial Real Estate Tax Industrial and Commercial Abatement Program Extended to 2030 With Modifications

The New York City Industrial and Commercial Abatement Program (ICAP) has been extended to remain in effect through 2030, with some modifications. The New York state budget bill for FY 2026, signed by Governor Kathy Hochul on...more

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