State Budgets

News & Analysis as of

Government of Québec 2015-16 Budget: A Balanced Budget and Ambitious Economic Plan

On March 26, 2015, the Quebec government (Government) unveiled the 2015-16 budget (Budget). After six years of deficits and further to a significant reduction of Government expenses, Quebec is anticipating returning to a...more

Minnesota Weekly Legislative Update: 03/2015

Today marks the end of the second deadline week at the Capitol. Non-finance bills which have not been heard in all required House and Senate policy committees by midnight tonight may not be acted upon. ...more

Legislature Approves $1 Billion Drought Spending Bills; Governor’s Approval Pending

On Wednesday and Thursday this week, the California Senate and Assembly approved Assembly Bill 91 (“AB 91”) and Assembly Bill 92 (“AB 92”), both which are part of the Budget Act of 2015. The legislation allocates $1 billion...more

Week in Review - March 2015 #4

House Republican Budget - The budget outline House GOP leaders released Tuesday proposes $2 billion in tax cuts as part of their two-year budget plan. It also spends nearly $40 billion, excluding their recently...more

Legislature Approves $1 Billion Drought Relief Legislation; Governor Brown Expected to Sign

California Legislature Enacts Bill Package on Drought - On Thursday March 26, 2015, the California Legislature adopted legislation which it describes as allocating approximately $1 billion to emergency drought relief...more

MoFo New York Tax Insights - Volume 6, Issue 3 - March 2015

In This Issue: - Key Proposals in Governor Cuomo’s 2015-16 Executive Budget - ALJ Holds That Online Reservation Receipts Are Not Sourced to New York - ALJ Rules Taxpayer Is Not Required to Use NOLs in...more

SC Public Policy Update - March 2015 #3

What's New - On Tuesday, the House amended and gave final reading to the General Appropriations and Capital Reserve Fund Bills. Several House members took to the House floor to discuss their opinions of the budget....more

Week in Review - March 2015 #3

Friday marked the first committee deadline and thus a flurry of activity at the Capitol to act favorably on bills in their respective policy committees. MNsure - When Governor Mark Dayton’s supplemental budget...more

Minnesota Weekly Legislative Update: - March 2015

Today was the first of three committee deadlines during the legislative session. By midnight tonight, bills must be approved by policy committees in the House or Senate. ...more

News from Second and State

This was the first of two weeks of budget hearing double hitters, with both the House and Senate Appropriations Committees hearing presentations from different offices and agencies. Chaired by Sen. Pat Browne (R-Lehigh) and...more

South Carolina Legislative Update

The House of Representatives convened on Monday of last week to begin their deliberations of the annual appropriation bill. The over $6.9 billion budget received second reading on Thursday, without a proposed bond measure,...more

NC Legislative Update

This Week - Freshman legislators finally got some insight into what to expect throughout the session, with their first full week of activity. The week was fast paced, with long days, as lawmakers acted upon a number of...more

Devil's in Details of PA Governor's Tax Proposals

On March 3rd, when Governor Wolf submitted his budget and tax proposals for FY 2015-16, it was widely understood that the Sales & Use Tax Manufacturing Exclusion would be retained. What was not said was that he would...more

SC Public Policy Update - March 2015: After a long week of debate, the House adopted its version of the budget last Thursday night...

What's New - After a long week of debate, the House adopted its version of the budget last Thursday night. The Budget included $7 billion in spending. However, a proposal to borrow $500 million for building projects...more

DRM Legislative Update - March 2015

In This Issue: - It’s All About the Money - Panel Approves Payroll and Sugar-Sweetened Beverage Taxes to Fund Health Care Initiatives - Vermont Health Connect Costs Continue to Rise - Education...more

News from Second and State

The House of Representatives Appropriations Committee held its first round of budget hearings this week. Chaired by Rep. Bill Adolph (R-Delaware) and Rep. Joe Markosek (D-Allegheny), the committee heard budget request...more

Sales & Use Tax to Increase, Base to be Expanded Under 2015-2016 Budget Proposal

Pennsylvania Governor Tom Wolf released his proposed 2015-2016 state General Fund budget on March 3, 2015. It sets forth a spending plan of $29.9 billion, increasing state expenditures by $836.5 million or 2.8 percent (after...more

DRM Legislative Update - February 2015

In This Issue: - Determination First, Details to Follow - Committee Approves State False Claims Act - Rent-to-Own Legislation Substantially Modified - Senate Judiciary Considers Limit on Building...more

Week in Review - March 2015 #2

Surplus - The state Republican Party has approved a “Give It All Back” ad campaign encouraging Gov. Dayton and the Legislature to return all of the projected $1.9 billion budget surplus to Minnesotans in the form of...more

Phase-Out of School District and Local Government Property Tax Replacement Payments Proposed

In February 2015, the Ohio General Assembly introduced House Bill 64 (“H.B. 64”), which is the biennial operating budget bill for the biennium beginning July 1, 2015. H.B. 64 contains language that would restart the...more

Alabama Legislator Introduces Broad Unitary Combined Reporting Bill

As part of Republican Governor Robert Bentley’s eight-bill revenue package, Representative Mike Hill (R-Columbiana) has introduced a mandatory unitary combined reporting bill (often called “MUCR”), H.B. 142, that would be...more

Manatt on Health Reform: Weekly Highlights - March 2015 #2

King v. Burwell speculation has been rampant since the Supreme Court heard oral testimony on Wednesday. All eyes are on Justices Kennedy and Roberts, who are likely to wield the deciding votes. In other news, CMS approved a...more

Gov. Wolf Proposes Reordering of PA Tax System for FY2015-16

In office only two months, Governor Wolf has wasted no time in proposing a budget which would boost education funding, provide local real estate tax relief, close a $2 billion operating deficit and address Pennsylvania's $50...more

NC Legislative Update for March 2015

This Week - Legislative activity resumed to a normal pace at the North Carolina General Assembly after being interrupted by two weeks of winter weather. The Governor released his budget proposal and the lawmakers were...more

Baker Proposes State Budget Focused on Savings

Wednesday, the Baker-Polito administration revealed the details of their $38.1 billion FY2016 budget. Seeking to overcome a structural deficit, which at $1.8 billion, represents nearly five percent of the total budget, the...more

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