News & Analysis as of

State Budgets

ML Strategies Alert - FY2018 Massachusetts Budget Update: House Ways and Means Budget

On Monday, April 10th, the House Ways and Means Committee proposed a $40.3 billion budget for FY2018 that calls for increasing spending by 3.8 percent, or about $1.47 billion, above FY2017 levels. The spending increase is...more

Hodgson Russ LLP’s Report on the 2017-18 New York State Budget

by Hodgson Russ LLP on

On April 10th, the New York State budget for 2017-18 was signed into law. The highlights of the revenue provisions are summarized below....more

Maine Municipal Law Update: Biennial Budget, Marijuana Legalization & Opportunity Agenda

by PretiFlaherty on

Maine's Biennial Budget - Legislative work continues to steadily flow in Augusta, Maine as more bills are taken up by policy committees and many of them are meeting passage or being killed. In addition, the state’s...more

New 421-a Legislation

The recently adopted state budget bill included the long-awaited revisions to the 421-a program. These amendments to the Real Property Law, dubbed the “Affordable New York Housing Program,” provide partial exemptions from...more

Controversial NY lender and student loan servicer licensing proposals removed from budget bill

by Ballard Spahr LLP on

A New York lender licensing proposal that threatened to create new regulatory burdens for financial service providers and to potentially adversely affect credit availability to New York residents and businesses, has been...more

New York State lawmakers pass final budget

by Dentons on

The weekend of April 9 saw the passage of the New York State budget after the state Assembly and Senate, respectively, closed out Saturday and Sunday legislative sessions at the state Capitol in Albany. The final passage...more

News from Second and State

Weekly Wrap - Only the House of Representatives were in session this week, but it was a pretty busy week nonetheless. Topics from the budget to mandatory minimum sentences were all up for review and debate. The...more

New York misses budget deadline as negotiations carry into April

by Dentons on

New York State's April 1 budget deadline came and went over the weekend without resolution of outstanding policy issues tied to the budget. Legislative leadership and Governor Andrew Cuomo have been in intense negotiations...more

Minnesota Weekly Legislative Update: House, Senate Roll Out Transportation Funding Packages

by Faegre Baker Daniels on

With policy committee deadlines out of the way, legislators turned their attention to omnibus finance and tax bills. Finance and tax committees in both the House and Senate spent the week compiling bills, taking public...more

Georgia Weekly Legislative Alert

by Dentons on

House and Senate lawmakers finalized negotiations Wednesday to marry competing variations of the state's 2018 spending blueprint, a record $25 billion in state appropriations that includes pay raises for tens of thousands of...more

Georgia Weekly Legislative Update - March 2017 #3

by Dentons on

In passing its own version of the state’s 2018 spending blueprint, the Senate moved one step closer last week to satisfying the General Assembly’s lone constitutional obligation....more

Minnesota Weekly Legislative Update: Tax Priorities Take Shape as Second Deadline Looms

by Faegre Baker Daniels on

Legislators and committees are racing to meet the second deadline, which occurs at midnight tonight. All policy bills must be approved by committees in both the Minnesota House and Senate by this deadline to remain viable as...more

News from Second and State

Weekly Wrap - Thanks to Winter Storm Stella, the House of Representatives made short work of this week’s session; adjourning on Monday afternoon to allow members to have a safe trip back to their districts. There...more

Georgia Weekly Legislative Update - March 2017 #2

by Dentons on

The General Assembly listed through a brief period of calm last week, a resetting of sorts after the drama of Crossover Day. Most of the legislation that advanced, either in committee or on the floor, did so on broad...more

Under the Dome: Inside the Maine State House

by Pierce Atwood LLP on

Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Budget Hearings Exceed 100 Hours and Counting - The Appropriations and Financial Affairs...more

North Carolina Legislative Update - March, 2017 #2

by Brooks Pierce on

This week the pace quickens within the House and Senate policy committees while the Appropriations committees received presentations on Governor Cooper's proposed budget recommendations. Regulatory Reform (HB131) -...more

News from Second and State

Weekly Wrap - This was the third and final week of budget hearings for the House of Representatives and Senate Appropriations committees. It was a busy one, too, with four full days of presentations on everything from...more

Minnesota Weekly Legislative Update: Legislation Continues to Move as First Committee Deadline Nears

by Faegre Baker Daniels on

Today marks the first committee deadline in the legislative session. By midnight tonight, bills must be approved by policy committees in the House or the Senate. Next Friday is the second committee deadline, by which all...more

NC Legislative Update: March 2017

by Nexsen Pruet, PLLC on

This Week - Gov. Cooper (D) unveiled his $23.5 Billion budget proposal on Wednesday, a roughly $1 Billion or 5.1% increase over the 2016-17 budget. State Budget Director Charlie Perusse gave the Governor’s Recommended...more

North Carolina Legislative Update - March, 2017

by Brooks Pierce on

While various bills made their way through committees and chambers this week, the highlight was the release of Governor Cooper's proposed Budget Recommendations for fiscal years 2017-2018. Secretary Hall Confirmed -...more

Weekly Wrap

Budget hearings were the name of the game again this week, with a few other committee meetings sprinkled in throughout the week. In the House of Representatives on Monday, the Department of Environmental Protection (DEP)...more

Minnesota Weekly Legislative Update: Budget Surplus and Sunday Alcohol Sales

by Faegre Baker Daniels on

With the first committee deadline rapidly approaching, policy committees worked overtime this week processing bills. There was also House floor action on two higher profile issues the Legislature is addressing this session:...more

Under the Dome: Inside the Maine State House

by Pierce Atwood LLP on

Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Legislature Approves Supplemental Budget - The House and Senate yesterday approved the $64...more

Oklahoma Gov. Proposes New Tax on Wind, Early End to Wind Tax Credits

Oklahoma governor Mary Fallin (R) recently released her proposed 2018 Executive Budget, which includes two new anti-wind tax proposals. The first proposal would end the zero-emission tax credit for wind facilities placed in...more

News from Second and State

Weekly Wrap - The House of Representatives and Senate Appropriations Committees began budget hearings this week to examine Governor Wolf’s proposed 2017-2018 Fiscal Year budget. Monday was a state Holiday, but on...more

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