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State Budgets Affordable Housing

Partridge Snow & Hahn LLP

Rhode Island Approves 63% Increase in Real Estate Conveyance Tax in 2026 Budget

On June 17, 2025, the Rhode Island House of Representatives approved the state’s $13.9 billion budget for FY 2026, which includes a substantial 63% increase in the real estate transfer (conveyance) tax. Effective July 1,...more

Cozen O'Connor

Cozen Cities - July 23, 2025

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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

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

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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

Pennsylvania Perspective for Thursday, July 3, 2025

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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

Bricker Graydon LLP

Economic Development Changes Abound in Ohio’s Operating Budget Bill

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For those considering state government jobs after college or graduate school, certain opportunities often come with the informal – but widely known – warning: this can be a hard job during the state’s biennial budget drafting...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/2)

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Gov. JB Pritzker taps Christian Mitchell as lieutenant governor pick in campaign for third term - “Christian Mitchell, a former South Side state representative and deputy governor-turned-University of Chicago executive,...more

Cozen O'Connor

Pennsylvania Perspective for Monday, June 30, 2025

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Legislators to Miss Budget Deadline Again Amid $5.5B Gap, Policy Disputes -For the fourth consecutive year, Pennsylvania lawmakers have missed the June 30 budget deadline as negotiations stall over how to close a projected...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/25)

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Gov. JB Pritzker to announce he’s running for a third term in 2026- “Democratic Gov. JB Pritzker will announce Thursday that he will seek a third term next year, answering a question about his immediate political future but...more

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

Stinson LLP

Minnesota Legislature 2025 Recap

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After decisive victories by Republicans at both the state and federal level in the 2024 general election, political prognosticators and pundits alike in Minnesota declared universally that the 2025 Minnesota legislature would...more

Cozen O'Connor

New York Note: NYS Legislative Session Concludes 2025

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The 2025 New York State legislative session has concluded. For the 2025-2026 session, all bills not passed this year will remain live, and session is scheduled to begin again in January. We anticipate that the Governor will...more

Downey Brand LLP

Senate Bill 607 and Potential Sweeping Changes to CEQA

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This year, over fifty bills were introduced in the Legislature that directly addressed a CEQA issue. Many died in committee, or failed to make it out of their respective houses. The vast majority of those that advanced sought...more

Cozen O'Connor

Broad Street Brief: City Council Passes FY26 Budget, HOME Bills

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City Council Passes FY26 Budget, HOME Bills- During their final meeting before summer recess, the City Council passed a staggering 58 bills, including the FY26 Capital and Operating Budgets, business and wage tax cuts, and...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

Pennsylvania Perspective for Monday, June 9, 2025

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Gov. Shapiro Launches “Deliberative Polling” to Foster Bipartisan Dialogue -Governor Josh Shapiro (D) launched a three-day deliberative polling event in Philadelphia aimed at encouraging informed, cross-partisan discussions...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

Broad Street Brief: FY26 Budget Negotiations Entering HOME Stretch

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FY26 Budget Negotiations Entering HOME Stretch - Thursday marks the final opportunity for the City Council to advance bills—including those tied to Mayor Cherelle Parker’s $6.7 billion proposed budget and Housing...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

Cozen O'Connor

Pennsylvania Perspective for Thursday, May 29, 2025

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Gov. Shapiro Counters Federal Cuts with $50M Innovation Push - As the Trump administration slashes federal research funding, Governor Josh Shapiro (D) is proposing a $50 million state investment to boost Pennsylvania’s life...more

Miller Starr Regalia

Senator Wiener and Assembly Member Wicks Applaud Governor Newsom’s Support of Their CEQA Reform Bills

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On May 14, 2025, Senator Scott Wiener issued a press release stating that, on that morning, “Governor Gavin Newsom announced that he supports the strongest ever reforms of [CEQA],” referring to Newsom’s proposal to include in...more

Cozen O'Connor

Pennsylvania Perspective for Monday, May 12, 2025

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PA Public Transit, Facing Funding Challenges, Looks to Harrisburg for Solution - Governor Josh Shapiro (D) warns of severe cuts to bus and rail services across Pennsylvania due to financial challenges, with debates over...more

Cozen O'Connor

Cozen Cities - May 14, 2025

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BALTIMORE—Bill Introduced to Address Housing Shortage- On Monday, Mayor Brandon Scott (D) introduced his Housing Options & Opportunity Act, which aims to expand zoning laws for multi-family homes and provide more housing...more

Cozen O'Connor

New York Note: NYS FY26 Budget and Client Spotlight

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New York State legislators passed the $254B Fiscal Year 2026 state budget, reflecting an increase of $17B from FY25. The FY26 budget included inflation refund checks (up to $200 for individuals and $400 for families), an...more

Cozen O'Connor

Virginia Viewpoint: From Surplus to Safety Net

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On May 2, the Governor signed the state budget that will fund the remainder of the biennium through June 30, 2026. This marks the first time in eight years the legislature completed its work without requiring a special...more

Cozen O'Connor

Policy Alert: New York State Passes FY26 Budget

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Yesterday, state lawmakers passed the $254B FY26 state budget, reflecting an increase of $17B from FY25. The budget was passed over five weeks after the deadline of April 1, and will be retroactively in effect from April 1,...more

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