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State Budgets

McDermott Will & Emery

Budget reconciliation’s effect on New York’s Medicaid and Essential Plan funding

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The budget reconciliation process resulting in the One Big Beautiful Bill Act, which was enacted on July 4, 2025, contains many significant changes to the Medicaid program. Many of the changes, such as those related to work...more

Cozen O'Connor

Cozen Cities - July 23, 2025

Cozen O'Connor on

BOSTON—City’s First Office-to-Residential Conversion Project Begins -Construction has officially begun on Boston’s first office-to-residential apartment conversions. This effort is a part of a City pilot program aimed at...more

Cozen O'Connor

Pennsylvania Perspective for Monday, July 21, 2025

Cozen O'Connor on

PA Budget Stalemate Deepens, Raising Alarm for Schools, Transit- Three weeks past the deadline, Pennsylvania lawmakers remain deadlocked over the state budget, delaying critical funding decisions and raising alarms for...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, July 17, 2025

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PA Budget Bill Passes in House, Stalls in Senate - On Monday, the Democratic-led state House voted to forward their state budget bill to the Senate, where GOP leadership is skeptical of full passage. While the House’s...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

Cozen O'Connor

Broad Street Brief: Parker Admin Strikes Deal with DC47

Cozen O'Connor on

Parker Admin Strikes Deal with DC47- Mayor Cherelle Parker reached a tentative contract agreement on Tuesday with AFSCME District Council 47, Philadelphia’s white collar City workers union. The successful negotiations...more

Seyfarth Shaw LLP

The Week in Weed: July 2025 # 2

Seyfarth Shaw LLP on

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, another cannabis legalization measure cropped up in Pennsylvania. ...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/16)

Cozen O'Connor on

Illinois Comptroller Susana Mendoza announces she’s not running for reelection, keeps door open for Chicago mayoral run - “Illinois Comptroller Susana Mendoza said Wednesday she would not run for a fourth term in 2026 as...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

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/14)

Cozen O'Connor on

Gov. JB Pritzker issues executive order for state agencies to assess 'disastrous' Trump tariffs- “Gov. JB Pritzker signed an executive order Monday directing state agencies to evaluate the economic impact Illinois could...more

Cozen O'Connor

New York Note: Hochul Raises $11M, Court Orders Housing Voucher Expansion, FY26 NYC Budget

Cozen O'Connor on

Hochul Raises $11 Million in First Half of 2025 for Reelection and Party Support - Governor Kathy Hochul raised $4 million for her 2026 reelection campaign and another $7 million for the state Democratic Party between...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

Cozen O'Connor

Broad Street Brief: HBSE, Comcast Acquire Market East Properties

Cozen O'Connor on

Mayor Parker Strikes Deal with DC 33 - Trash collectors and other frontline City workers will return to work after the Parker administration reached a deal with AFSCME District Council 33 early Wednesday morning. The...more

McCarter & English, LLP

New Jersey FY 2026 Budget Tax Law Changes

On June 30, 2025, Governor Phil Murphy signed into law the FY 2026 state budget (the “FY 2026 budget”), totaling $58.8 billion (see our prior alert New Jersey Enacts FY 2026 Budget: Key Takeaways). The FY 2026 budget...more

Ruder Ware

Capitol Connection, July 2025

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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

Pennsylvania Perspective for Monday, July 7, 2025

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PA’s Lottery Allowed to Allocate More Money to Player Payouts- Lawmakers passed legislation last week aimed at raising millions of more dollars for senior citizens by allowing the Pennsylvania Lottery to funnel more funds...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/7)

Cozen O'Connor on

State ends fiscal year with record revenue - “Despite uncertainty over the economy and federal funding during the second half of fiscal year 2025, the year closed on June 30 with the state setting a new record for annual...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 & Emery

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

Cozen O'Connor

Pennsylvania Perspective for Thursday, July 3, 2025

Cozen O'Connor on

Gov. Shapiro Remains Optimistic About Ongoing Budget Negotiations- Governor Josh Shapiro (D) says a budget deal is expected “very soon” despite Pennsylvania missing its July 1 deadline, as lawmakers continue closed-door...more

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