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State and Local Government New Legislation Tax Exemptions

Orrick, Herrington & Sutcliffe LLP

To Infinity and Beyond! A New Tax-Exempt Bond to Finance Spaceports

The One Big Beautiful Bill Act, signed into law on July 4, authorizes tax-exempt bond financing for spaceports, treating them similarly to bonds issued by public authorities for airport improvements. This new category of...more

Holland & Knight LLP

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

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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

Polsinelli

Texas HB 21 Reshapes the Requirements and Effects of Chapter 394 of the Texas Local Government Code

Polsinelli on

Texas House Bill 21 (HB 21), signed into law in May, has dramatically shifted affordable housing tax exemptions across the state. Specifically, HB 21’s primary impact is on a housing finance corporation’s area of operation...more

Orrick, Herrington & Sutcliffe LLP

Summary of Legislation Relating to Public Finance Enacted by the 89th Texas Legislature (Regular Session)

This article briefly summarizes a select list of legislation relating to public finance enacted by the 89th Legislature (Regular Session) that became law. Bills are arranged by subject matter, in numerical order within each...more

Butler Snow LLP

Major Reforms to Chapter 394: HB 21 Brings Sweeping Changes to Housing Finance Corporations in Texas

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During the 89th Texas Legislative Session, Representative Gary Gates authored and passed House Bill 21, a comprehensive reform of Chapter 394 of the Texas Local Government Code. This legislation, which became effective on May...more

Husch Blackwell LLP

Kansas Enacts 20-Year Sales Tax Exemption for Data Centers

Husch Blackwell LLP on

As part of a continuing trend, Kansas Governor Laura Kelly has signed SB98 into law, becoming the latest state to enact a sales tax exemption for qualified data centers. Many states, including neighboring Missouri (see RSMo....more

Maynard Nexsen

Granting Local Governments Authority Over Sales Tax Exemptions

Maynard Nexsen on

In a significant development for local governance and fiscal autonomy, Alabama Governor Kay Ivey recently signed House Bill 191 into law. This legislation empowers municipalities and counties to exercise greater control over...more

Frost Brown Todd

Large Kentucky Multifamily Housing Projects Are Now IRB-Eligible

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Kentucky local governments now have an additional tool to help address their housing shortages thanks to legislation enacted during the 2025 Kentucky General Assembly. A provision of Senate Bill (SB) 25 authorizes local...more

Spilman Thomas & Battle, PLLC

Is the Exemption for Interest on Municipal Bonds on Congress’ Chopping Block?

The new administration and Congress are working towards an extension of the 2017 Tax Cuts and Jobs Act (TCJA), the bulk of which expires at the end of 2025. In late February, the House passed a spending bill (H. Con. Res....more

Freeman Law

Texas 89th Legislative Regular Session | Proposals Part 2

Freeman Law on

The fun continues with the 89th Regular Session of the Texas Legislature, with several new proposed House Bills that relate to the imposition of Texas taxes. Of the over 100 proposals put forth so far, we’re keeping a closer...more

Mitchell, Williams, Selig, Gates & Woodyard,...

95th Arkansas General Assembly/Water Authorities: Legislation Proposed Providing Exemption from Excise Taxes

House Bill 1687 has been introduced which would amend the law concerning the tax exemptions applicable to a water authority. The Bill was introduced by Representative Kendra Moore of Lincoln and Senator Bart Hester of...more

Shutts & Bowen LLP

Florida Senate and House Approve Amendment to Live Local Act

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In 2023, the State of Florida adopted the Live Local Act (the “Act”), which seeks to incentivize the development of affordable housing by the private sector primarily by preempting local zoning laws and providing tax...more

Holland & Knight LLP

Florida's New Live Local Act Offers Land Use and Tax Benefits

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Florida Gov. Ron DeSantis signed into law Senate Bill 102 on March 28, 2023, with an effective date of July 1, 2023. Commonly referred to as the Live Local Act (the Act), it has significant land use, zoning and tax benefits...more

Bradley Arant Boult Cummings LLP

OT on the QT? Bama’s Tax Exemption for Overtime

Employers in Alabama (along with the rest of the country) have faced headaches the last several years with staffing shortages and shift coverage. In June, with bipartisan support, the Alabama Legislature passed House Bill 217...more

Shutts & Bowen LLP

Florida's Live Local Act

Shutts & Bowen LLP on

The Live Local Act (SB 102) (the “Act”) amends multiple provisions of the Florida Statutes with the overarching purpose of spurring additional development of affordable housing in the State. Importantly, for qualifying...more

Perkins Coie

Real Estate Excise Tax Exemption Encourages Affordable Housing

Perkins Coie on

Transfers of real property to certain qualifying entities will no longer be subject to real estate excise tax in Washington State, effective on January 1, 2023. The Washington State Legislature passed Engrossed House Bill...more

Sheppard Mullin Richter & Hampton LLP

New York Governor Releases Updated 421-a Program

Earlier this month, New York Governor Hochul’s executive budget introduced a proposal for an updated 421-a Real Estate Tax Exemption Program. Referred to as “Affordable Neighborhoods for New Yorkers” and proposed under a...more

McDermott Will & Schulte

Texas Governor Signs Bill Exempting Medical Billing Services from Sales Tax

Texas Governor Greg Abbott has signed HB 1445 into law, making “medical or dental services” exempt from sales tax. Under the statute, a “medical or dental billing service” is defined as “assigning codes for the preparation of...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - March 2020 #3

Despite the pouring rain (again), lawmakers convened today for Legislative Day 24. Committee meetings began bright and early in an effort to move proposals forward in advance of the looming Crossover Day....more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - February 2020 #11

Today marks Legislative Day 20, the halfway point for the 2020 Legislative Session! Rumors are that the House and Senate are much closer on finalizing their budget plans for the remaining portion of this fiscal year and the...more

Best Best & Krieger LLP

PublicCEO: BB&K Municipal Law Team Discusses New Public Agency Laws - Part 2

Land Use, Telecommunications, Environmental and More - As noted in Part I of this two-part series, California lawmakers passed a number of new laws last year that greatly impact how public agencies serve their...more

Bradley Arant Boult Cummings LLP

New Act Simplifies Payment in Lieu of Tax Transactions and Reduces Red Tape for Industrial Development Boards - Economic...

On April 30, 2019, Tennessee Gov. Bill Lee signed into law Public Chapter No. 265 (Senate Bill No. 708 or “S.B. 708”), amending the provisions of Tenn. Code Ann. § 67-5-502 relating to the taxation of leasehold interests....more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - February 2019 #6

With no legislation on the House or Senate floors today, Legislative Day 13 felt much more like a committee work day under the Gold Dome, and legislative committees in both chambers took advantage of the opportunity to hear...more

Ballard Spahr LLP

New Jersey P3 Legislation Expands Opportunities for Major Infrastructure Projects, Including Roads

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New Jersey has enacted legislation that greatly expands the pool of public agencies authorized to enter into public-private partnerships (P3s) for capital projects in the state, in order to address growing infrastructure...more

Pierce Atwood LLP

Maine's Federal Tax Conformity Proposal

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On Thursday, March 1, Alec Porteous, the Commissioner of the Maine Department of Administrative and Financial Services, and Dr. Michael Allen, Associate Commissioner for Tax Policy for the Maine Department of Administrative...more

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