State Budgets

News & Analysis as of

2015 Summary of Key Maine Environmental Legislation

The Pierce Atwood Environmental and Land Use Practice Group is pleased to provide the 2015 Summary of Key Maine Environmental Legislation enacted or carried over in the First Regular Session of Maine's 127th Legislature...more

NC Legislative Update for July 2015 #3

This Week - Trying to predict when the General Assembly will adjourn every year is a question that even the most seasoned lawmakers, lobbyists and staff cannot answer. The length of the current session, which began in...more

Manatt on Health Reform: Weekly Highlights - July 2015 #4

CMS offers a special enrollment period for HealthCare.gov enrollees whose incomes were miscalculated due to system error; California Marketplace announces two new insurers; and Connecticut’s budget reduces eligibility levels...more

Pennsylvania Tax Developments - A Reed Smith Quarterly Update: July 2015

This is a brief update on recent Pennsylvania tax developments. Amended Return “Trap”—Court Holds That Amended Return Was Not a Petition for Refund; Possible Legislative Fix? - On June 9, the Commonwealth Court issued a...more

Gov. Christie’s Cuts in N.J.’s Mandatory Public Pension Funding Found to be Legal

A recent study estimated that state public pension plans are underfunded by $4.7 trillion (yes, that’s a “T”). Ten states have plans in which less than 30-percent of benefit obligations are funded, and only three states have...more

North Carolina General Assembly Week in Review

The North Carolina General Assembly returned to Raleigh from a 10-day recess on Monday, July 13. House and Senate members have not yet come to a compromise regarding their very distinct budget proposals. However, last week...more

North Carolina Legislative Report

The General Assembly convened for the 2015 legislative session on January 14. Lawmakers returned to Raleigh on January 28 to begin the session in earnest. The MVA Public Affairs Legislative Report on North Carolina will be...more

News from Second and State

Week two of the budget stalemate is behind us, and there’s very little news to report. While news of a potential stop-gap budget and possible agreement on the imposition of a natural gas extraction tax might seem encouraging,...more

NC Legislative Update for July 2015 #2

This Week - After a week-long summer recess, lawmakers returned to Raleigh to resume the business of the State. The House finally appointed budget Conferees on Tuesday, nearly a month after receiving the Senate version...more

July 17th, 2015 Womble Legislative Update

In Limbo - You may recall that the General Assembly did not enact a new budget in time for the fiscal year that began July 1st. Instead, a continuing resolution was passed that keeps spending static until its expiration...more

Connecticut Budget Set To Impact The State's Highest Earners

Governor Dannel Malloy recently signed a budget package, retroactive to January 1st of this year, which increases the income tax rate for the state's highest earners and makes some notable changes to estate taxes and probate...more

Employees Now Have Greater Rights to Work Overtime in Wisconsin

According to a Wisconsin state law, employers are required to provide a consecutive 24-hour rest period every 7 days for employees in factory and mercantile workplaces. As a result of the budget bill recently signed by...more

Question on 'Another Agenda' Made Senate Debate on Tax Credit Crackle

“What else is going on here?” That’s what Bruce Tarr of Gloucester kept asking his Massachusetts Senate colleagues on the afternoon of Tuesday, May 19....more

Spotlight on Louisiana: 2015 Legislative Session Increases Tax Burdens to Balance State Budget

Even though Louisiana's 2015 legislative session has concluded, the dust may be far from settled as to how increases in tax burdens meant to balance the State's budget will impact taxpayers. At least one industry trade...more

FY2016 Massachusetts Budget Update: The Conference Committee Budget

After many weeks of deliberation, the Massachusetts House and Senate sent a budget to Governor Baker’s desk. This budget passed the Senate 31-5 and the House 153-1 and represents a compromise between the House and Senate...more

Significant Tax Provisions in the 2016-2017 Ohio Budget Bill Affecting Businesses

On June 30, 2015, Ohio Governor John Kasich signed into law the biennial budget bill, Amended Substitute House Bill No. 64 (“HB 64”). The legislation underwent substantial changes during the legislative process such that the...more

News from Second and State

As of our July 1 post, the legislature had sent a number of budget related bills—including the General Appropriations Bill—to the governor for action. Ten days later (the exact number of days the governor has to sign or veto...more

House Dems Tun Argument Lost by Senate Republicans into Win at the End

Here’s one way to think of the controversy over how the state should fund an increase in the Earned Income Tax Credit (“tax credit”), a benefit for low-income working families: the Minority Republican Leader of the...more

Washington State Tax Update

The Washington Legislature released the state budget for the 2015-2017 biennium, which enhanced the state’s nexus standard, eliminated certain tax exemptions, extended some tax preferences, and made other tax changes:...more

July 2, 2015 Womble Legislative Update

Premature Fireworks on Jones Street - We know it’s only July 2nd, but thanks to the fight over Greensboro City Council Redistricting we have fireworks! On the eve of the Legislative Summer Recess a carefully crafted...more

June 26, 2015 Womble Legislative Update

The budget gridlock rumors on Jones Street are real. A decorated Christmas tree arrived in the Senate chamber this week to emphasize how far apart the two chambers are on next year’s spending plan. Next year starts on...more

May 29, 2015 Legislative Update

Vetoes - Within 24 hours, Governor McCrory has vetoed two bills sent to his desk by the General Assembly. Both bills will now go back to the legislature for each chamber to consider whether they will attempt to override...more

June 12, 2015 Womble Legislative Update

The Senate needed a little more time to put the finishing touches on its budget, so we didn’t get to see it this week. We’re now expecting it to be released on Monday and passed by the Senate by the end of the week. ...more

June 5, 2015 Womble Legislative Update

It’s June – the month the legislature logically should be wrapping up along with the state’s fiscal year but we’re nowhere close. There are still big fights ahead on budget, taxes, economic development tools, solar produced...more

NC Legislative Update for July 2015

This Week - After some disagreement at the end of last week, lawmakers agreed Tuesday on Senate Bill 534, which is the Continuing Resolution (CR). The CR will keep State government functioning for forty-five more days...more

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