News & Analysis as of August 21, 2025

Tax Credits

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Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction. However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities. less -

Florida Gov. Ron DeSantis Signs 2025 Tax Bill into Law

Holland & Knight LLP on 7/15/2025

Florida Gov. Ron DeSantis recently signed House Bill 7031 into law, enacting sweeping changes to Florida's tax statutes that include updates to the sales tax on commercial leases, sales tax relief, certain corporate income...more

Texas Tax Update: Key Changes Enacted During the 89th Legislature

Bracewell LLP on 7/10/2025

The final day has passed for Governor Abbott to veto legislation that was approved during Texas’ 89th Legislature Regular Session. While the governor has called a special session commencing July 21, he has not identified any...more

Iowa General Assembly Adjourns Sine Die

Dentons on 5/20/2025

The first session of the 91st General Assembly of Iowa adjourned sine die just after 6 a.m. on May 15 after a full night of caucuses and debate. Slated for 110 days, the legislature extended 13 days beyond May 2 after...more

Iowa 2025 Legislative Session – Week 15

Dentons on 4/28/2025

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

Seattle Passes Bill to Incentivize “Office-to-Residential” Conversions

Ballard Spahr LLP on 2/26/2025

The Seattle City Council passed Council Bill 120937 on February 11, 2025, aimed to encourage developers and commercial property owners to convert underutilized commercial properties into residential housing. Set to take...more

Gold Dome Report - Legislative Day 5 - January 2025

Nelson Mullins Riley & Scarborough LLP on 1/20/2025

As the world reacted to the shove heard round the world, the General Assembly kept a low profile on Friday. Convening an hour earlier than the Senate, the House gaveled in and out before senators even made it to their desks....more

Georgia General Assembly adjourns with new tax legislation

Eversheds Sutherland (US) LLP on 6/30/2020

In the last days of the legislative session, the Georgia General Assembly passed key legislation, including conformity to the federal tax law, a new rideshare fee, changes to interest payments on direct pay permit holder’s...more

Georgia Legislature enacts significant tax legislation but falls short on major sales tax proposals

Eversheds Sutherland (US) LLP on 4/5/2019

Georgia’s 2019 legislative session concluded on April 2, 2019. Several important tax changes passed or were considered this year, and are discussed below. Passed Bills - Unless otherwise indicated, these bills have...more

Connecticut Reacts to Federal Tax Law Reform Changes

Verrill on 6/12/2018

The sweeping changes created by the federal Tax Cuts and Jobs Act (“TCJA”) has resulted in some states enacting their own legislation in response to the federal tax reform. On May 31, 2018, Connecticut signed into law a bill...more

New Property Tax Exemption for All South Carolina Manufacturers

Burr & Forman on 8/17/2017

The South Carolina Infrastructure and Economic Development Reform Act, 2017 Act 40, was recently enacted and is designed to enhance South Carolina’s economic competitiveness. The Act, commonly referred to as the gas tax bill,...more

Here’s the Deal: Georgia Governor Signs Several Significant Tax Bills

Eversheds Sutherland (US) LLP on 5/11/2016

Following the conclusion of Georgia’s 2016 legislative session, Governor Nathan Deal signed into law several tax bills touching on a wide range of tax matters, including sales and use taxes, property taxes, corporate income...more

North Carolina Tax Reform (2015 Edition)

Smith Anderson on 9/25/2015

North Carolina’s General Assembly is continuing the overhaul of the State’s tax system that it began in 2013. That year, the General Assembly slashed corporate and individual tax rates, eliminated many income tax deductions...more

Wrap-Up of Alabama Legislature Actions

Bradley Arant Boult Cummings LLP on 5/30/2013

The Alabama Legislature adjourned near midnight on May 20, closing a session that saw lawmakers grant final passage of the two operating budgets and of amendments to the controversial Alabama Accountability Act. With respect...more

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