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Proposed Legislation State Budgets Tax Reform

Cozen O'Connor

Pennsylvania Perspective for Thursday, June 26, 2025

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Medicaid Costs Dominate Budget Talks as Deadline Looms- Pennsylvania lawmakers are locked in tense budget negotiations as Governor Josh Shapiro’s (D) proposed $2.5 billion increase in Medicaid funding faces pushback from...more

Cozen O'Connor

Pennsylvania Perspective for Monday, June 23, 2025

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Budget Talks Intensify as Lawmakers Debate Tax Reform, Transit Funding, Marijuana Legalization - As Pennsylvania’s June 30 budget deadline approaches, the future of several of Governor Josh Shapiro’s (D) proposals—including...more

Cozen O'Connor

Cozen Cities - June 11, 2025

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BOSTON—City Receives $7.4M for Office-to-Residential Conversions -Massachusetts Governor Maura Healey (D) allocated $7.4 million to support two office-to-residential conversion projects in downtown Boston, part of a broader...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/9)

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Ethics legislation stalls in Springfield as Senate president tries ‘brazen’ move that would have helped his election case - “In the closing hours of the Illinois General Assembly’s spring session, Senate President Don Harmon...more

Cozen O'Connor

Broad Street Brief Special Edition: Council Approves FY26 City Budget

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On the evening of Thursday, June 5, the Philadelphia City Council granted preliminary approval to several bills related to Mayor Cherelle Parker’s $6.8 billion FY26 City Budget with minimal changes to the initial proposal,...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/2)

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Illinois Democrats pass budget in final minutes with sports betting tax hike- “Illinois lawmakers approved a $55.2 billion state budget package minutes ahead of a key constitutional deadline Saturday night, relying on tax...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

Brooks Pierce

Brooks Pierce Capital Dispatch: House Passes Budget and New Helene Recovery Bill, Senate Confirms DIT Secretary

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House Passes Budget Bill - The NC House on Thursday passed the biennial budget bill (S 257) by a vote of 86 to 20. The vote was bipartisan with 25 Democrats joining 61 Republicans in supporting the bill. This action...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - May 2026 #3

Governor and Legislative Leaders Agree to Budget Targets - On Thursday of this week, the Governor and legislative leaders announced that they had reached agreement on budget targets, a copy of which can be found...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (4/21)

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Democratic state lawmakers start to move on promise to ‘be a check’ on Donald Trump - “With six weeks left in the spring legislative session, lawmakers have a range of measures before them that backers say are necessary to...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

Dentons

Iowa 2025 Legislative Session – Week 11

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Legislators continued to work hard in Week 11 of the 2025 Iowa Legislative Session as the second funnel deadline rapidly approaches. This week featured long caucus meetings followed by floor debate, and the long-awaited...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 22 - February 2025

Lawmakers and lobbyists watching the Georgia State Senate on Monday saw a lot of green and red, but it wasn’t exactly Christmas. While some state agencies and contractors stand to see a few extra greenbacks in the Senate...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, February 6, 2025

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Gov. Shapiro’s Budget Balances Bipartisan Priorities - Governor Josh Shapiro's third budget proposal aims to balance bipartisan priorities, incorporating both Republican and Democratic interests while navigating the...more

Lowndes

Governor DeSantis Aims to Eliminate Florida Commercial Rent Sales Tax by 2027

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As part of the proposed $115.6 billion state budget for fiscal year 2025-26, Governor DeSantis has outlined a plan to eliminate Florida's longstanding commercial rent sales tax. This proposal continues Florida's tax reduction...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 5 - January 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

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 4 - January 2025

Evoking Georgians’ soft spot for the All-Star Special, Governor Brian Kemp promoted tort reform as necessary to protect Georgia businesses like Waffle House from being smothered by insurance and litigation costs during his...more

Dentons

December Revenue Estimating Conference Predicts a Stable Fiscal Year

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The Revenue Estimating Conference forecasted Iowa’s revenues for fiscal years 2024 and 2025, predicting a slight decline but emphasizing a strong overall budget. Governor Kim Reynolds is required to use this estimate as the...more

Dentons

Iowa General Assembly – Legislative Session Week 15

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Week 15 was very busy at the Capitol, with bills and amendments flying back and forth between the chambers. The headline was the Senate debate Monday night, which lasted until 4:50 am the following morning. The coffee...more

Eversheds Sutherland (US) LLP

New York Governor releases Fiscal Year 2024 Executive Budget

On February 1, 2023, New York Governor Kathy Hochul released her Fiscal Year 2024 Executive Budget and accompanying legislation (the Budget Bill). The Budget Bill includes several tax rate adjustments and technical fixes to...more

Dentons

Iowa 2022 Legislative Session – Week 8

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Week eight marks the halfway point in the legislative session and two weeks until the session funnel on Friday, March 18. This week brought the most floor action we have seen all session, with over 50 bills advancing through...more

Bradley Arant Boult Cummings LLP

Two Important Alabama Tax Bills Cross the Finish Line Midway Through the 2022 Regular Session

The Alabama Legislature has now used 16 of its 30 legislative meeting days so far in the 2022 Regular Session. While the primary focus will be on passing the budgets for the next few weeks, the Legislature has already passed...more

Shumaker, Loop & Kendrick, LLP

Shumaker Advisors 2022 Florida Legislative Session Weekly Newsletter, Week Seven

HIGHLIGHTS - The seventh week of Florida’s 2022 Legislative Session concluded today in Tallahassee, leaving only 15 business days remaining in the session. This week, House members spent a great deal of time both on the...more

Dentons

Iowa 2022 Legislative Session – Week 7

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Week seven brought major legislative action. The legislature passed historic tax reform on Thursday, a major priority of Governor Reynolds and leadership in both the House and the Senate for 2022. These recent developments,...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report – Legislative Day 14 2022

Thursday marked the halfway point to Crossover Day, and members of the House Appropriations Committee got to work early approving their version of the Amended FY23 Budget. Although the House is proposing minimal changes...more

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