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Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (2/12)

Cozen O'Connor on

Civic Federation Says Illinois Should Extend Sales Tax to Services to Help Bridge $3B Budget Deficit - “Illinois should extend its sales tax to services like haircuts, dry cleaning and plumbing, the nonpartisan Civic...more

Lowndes

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

Lowndes on

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

Faegre Drinker Biddle & Reath LLP

Minnesota’s November 2024 Budget and Economic Forecast for 2026-27 Biennium

What Is It and Why Does It Matter? The Minnesota Department of Management and Budget (MMB) prepares formal forecasts of state revenues and expenditures in November and February each year, which policymakers use to set the...more

Cozen O'Connor

Virginia Viewpoint: The Budget Battle Begins

Cozen O'Connor on

This week, the House and Senate each voted on their changes to the Governor’s introduced budget – with some noticeable differences between the two chambers and omissions that wipe out most the Governor’s top tax priorities....more

Cozen O'Connor

Virginia Viewpoint: The Race to Crossover

Cozen O'Connor on

The Race to Crossover- Like a two-minute drill that football fans may see heading toward halftime in the big game this weekend, the Virginia General Assembly is in a similar race against the clock – a deadline colloquially...more

Smith Anderson

North Carolina Tax Legislation Enacted in the 2022 Short Session

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The North Carolina General Assembly ended its 2022 short session on July 1. While the legislature is scheduled to reconvene on July 26, no additional tax legislation is expected to be considered....more

Blank Rome LLP

New York Governor Releases 2021-22 Executive Budget

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On January 19, 2021, New York State Governor Andrew M. Cuomo submitted his Executive Budget, applicable to the state’s fiscal year beginning April 1, 2021. The governor’s proposal, which will now be the subject of public...more

Sullivan & Worcester

Key Tax Provisions in the Massachusetts FY21 Budget

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On December 11, 2020, Massachusetts Governor Charlie Baker signed the Commonwealth’s FY21 budget into law. While the $45.9 billion budget does not raise taxes, it includes a number of significant tax provisions summarized...more

Moore & Van Allen PLLC

MVA Monitor - June 2019 #3

Moore & Van Allen PLLC on

The state budget remained one of the largest concerns at the State Capitol this week, even though negotiations between the two legislative chambers and between the Governor and the legislature largely remained behind the...more

Moore & Van Allen PLLC

MVA Monitor - July 2019

Moore & Van Allen PLLC on

The legislature and the Governor were locked in a battle of wills over the state budget as gridlock over the $24 billion annual spending plan continued into the second week of the fiscal year. While there is little relief in...more

Roetzel & Andress

Ohio State Budget Update: What You Need To Know

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After a 17-day delay, state budget negotiations concluded, and Governor Mike DeWine signed Ohio’s $69 billion two-year state operating budget into law. On June 30, lawmakers passed an interim budget, which ran through July...more

Harris Beach Murtha PLLC

Connecticut Budget Bill Has Significant Surprises and Changes to Tax Laws

The recent $43.4 billion budget bill passed by the Connecticut General Assembly includes a number of changes to the Connecticut tax laws. The budget will be sent to Governor Ned Lamont who is expected to sign it....more

Faegre Drinker Biddle & Reath LLP

Minnesota Legislative: Update Recapping the 2019 Session

The 91st biennial session of the Minnesota Legislature convened on Tuesday, January 8, 2019, with a newly elected DFL Governor, former Congressman Tim Walz, and the only divided Legislature in the nation. The DFL also...more

Faegre Drinker Biddle & Reath LLP

Minnesota Legislative Update Budget Negotiations Stall

With 10 days to go until the Minnesota Legislature must adjourn, budget negotiations between Governor Walz and House and Senate leadership have stalled. In turn, the work of conference committees, who need agreed-to budget...more

Stinson LLP

Minnesota Lawmakers Return for Final Stretch

Stinson LLP on

Legislators return to St. Paul today after their 10-day Easter/Passover break. Legislators left town on Friday, April 12 after meeting the third and final deadline for finance committees to complete their work before heading...more

Faegre Drinker Biddle & Reath LLP

Minnesota Legislative Update: Two Steps Back

When the Minnesota Legislature convened in February, the state had just announced a modest budget surplus. Lawmakers and Governor Mark Dayton were optimistic that they could reach agreement on a capital investment bill, a tax...more

Pullman & Comley, LLC

Newsletter: Environmental Law Update

Pullman & Comley, LLC on

Throughout Connecticut’s legislative session, these updates highlight developments concerning environmental law and policy. The author prepares updates as Legislative Liaison of the Connecticut Bar Association’s Environmental...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - February 2018 #5

House members have begun working in earnest on the FY 2019 Budget with several Subcommittees of the House Appropriations Committee soliciting testimony on the Governor’s budget proposal. Meanwhile, the General Assembly awaits...more

Mintz

Fall Legislative Sessions Commence; Attorney General Certifies Ballot Questions

Mintz on

Massachusetts lawmakers have returned from summer recess and are preparing to tackle a robust legislative agenda this fall. Legislators will meet formally through the third Wednesday in November, at which point formal...more

Roetzel & Andress

STATE BUDGET UPDATE: In A Historic Move, House Votes To Override 11 of the Governor's Vetoes From State Budget

Roetzel & Andress on

The last time the Legislature voted to override multiple state budget vetoes was exactly forty (40) years ago to this day on July 6, 1977 under then Governor James Rhodes (R) and former longtime House Speaker Vern Riffe (D)....more

Roetzel & Andress

State Budget Wrap-Up: Extensive Public Policy And Funding Changes - What You Need To Know

Roetzel & Andress on

Just before the midnight deadline on Friday, Governor John R. Kasich signed the state’s two-year operating budget into law. The Governor first released his budget proposal in January 2017 and the Legislature has spent the...more

Faegre Drinker Biddle & Reath LLP

Minnesota Weekly Legislative Update: House, Senate Roll Out Transportation Funding Packages

With policy committee deadlines out of the way, legislators turned their attention to omnibus finance and tax bills. Finance and tax committees in both the House and Senate spent the week compiling bills, taking public...more

Roetzel & Andress

Governor Kasich Releases $144 Billion State Budget Proposal - What You Need to Know

Roetzel & Andress on

Yesterday, Governor Kasich released the executive version of the state’s two-year operating budget (Fiscal Years 2018-2019), which includes proposed spending of over $144 billion during the biennium. Similar to his previous...more

Bradley Arant Boult Cummings LLP

Alabama in 2017: The Road Ahead for Tax Legislation in Montgomery

The 2017 legislative session begins February 7th in Montgomery, and we expect several tax-related proposals to be considered during the session. Our readers may recall that the 2016 session ended with no long-term plan in...more

Maynard Nexsen

NC Legislative Update - August 2016

Maynard Nexsen on

The 2016 Session - Lawmakers kept their promise of a truly short session this year. The legislature adjourned the 2015-16 Session sine die on Friday, July 1st, just before midnight. In total, the House was in session for...more

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