News & Analysis as of

State Budgets Investment

Cozen O'Connor

Pennsylvania Perspective for Thursday, July 17, 2025

Cozen O'Connor on

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

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

Nossaman LLP

Proposition 4: California’s Historic $10 Billion Climate Investment and Path to Resilience

Nossaman LLP on

In the November 2024 election, California voters approved Proposition 4 – the Climate Bond, authorizing the state to issue $10 billion in general obligation bonds to fund climate resilience and environmental conservation...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (1/23)

Cozen O'Connor on

Reforming Tier 2 pensions could cost the state $30 billion, actuary says “A new Illinois pension reform bill would increase contributions to the state’s three largest retirement systems by a total of nearly $30 billion...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (1/15)

Cozen O'Connor on

“Illinois doubled private investments in the state, as well as investments in clean energy, and quadrupled the number of retained jobs in 2024, the Illinois Department of Commerce and Economic Opportunity said this week....more

Kohrman Jackson & Krantz LLP

One-Time Community Investments Package Set to Become Law

Shortly before the end of the state’s fiscal year on June 30, Ohio legislators are aiming to appropriate over $3.5 billion in infrastructure and development projects as part of the state’s biennial capital budget. Within this...more

Proskauer - Health Care Law Brief

2024 New York Budget Proposes Wide-Ranging Transaction Approval Requirement That Targets Private Investment in Physician Practices...

On February 1, 2023, New York Governor Kathy Hochul announced the 2024 Executive Budget. As alluded to in the Governor’s State of the State address, and as described in an earlier Proskauer Health Care Law Brief article, the...more

Allen Matkins

California Environmental Law & Policy Update -1.13.23 - #2

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Governor Gavin Newsom on Tuesday unveiled a 2023 state budget proposal that includes significant cuts to climate investments due to an estimated budget gap of $22.5 billion for the 2023-2024 fiscal year....more

Rivkin Radler LLP

New York Is Poised For Some Significant Tax Increases

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Are the rich making enough of a contribution to society? Are they bearing their fair share of taxes? Many New York legislators don’t think so. Following the elections of November 2020, the State’s Democratic party secured...more

Faegre Drinker Biddle & Reath LLP

Minnesota Legislative Update: Budget Forecast Released

The Minnesota Legislature is nearing the halfway mark of session. With the first policy deadline only two weeks away, House and Senate committees have accelerated bill hearings and have added evening meetings. On Thursday,...more

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