News & Analysis as of

State Budgets

FY18 Massachusetts Budget Update: Governor Baker Signs FY18 Budget

On Monday, July 17th, Governor Charlie Baker signed a budget for FY2018 that includes $39.4 billion in spending. This comes ten days after the Legislature approved a state budget with a $40.2 billion bottom line. The Senate...more

NC Legislative Update: End of Session Wrap

by Nexsen Pruet, PLLC on

2017 Session - After 23 weeks of session, lawmakers adjourned the 2017 long session of the North Carolina General Assembly on June 30th. The Adjournment Resolution passed by both bodies reconvenes the legislature on...more

Under the Dome: Inside the Maine State House

by Pierce Atwood LLP on

State of Maine Endured Short, Tension-filled Shutdown - Around 2:00 am on Tuesday, July 4, Governor LePage signed the biennial budget that had been delivered to him moments before by the Secretary of the Maine Senate,...more

2017 N.C. Legislative Session in Review

by Smith Anderson on

The N.C. General Assembly worked into the early morning hours on June 30 to finish its business for the 2017 legislative session. The session officially began January 11 and ran for six months for a total of 93 legislative...more

Government Affairs Insights: Budget Update

by Murtha Cullina on

July 1 began the new fiscal year for the state budget. At this stage, the four political caucuses and the Governor have not been able to reach a consensus on a biennial budget for Fiscal Years 18 & 19....more

News from Second & State

Weekly Wrap - This was the week of the budget that wasn’t. Just in time to meet the deadline, the general assembly sent H.B. 218 (Saylor, R-York) – a $32 billion state spending plan for the 2017-2018 fiscal year – to Gov....more

What Businesses Should Know About the 2017 North Carolina Legislative Session

by Brooks Pierce on

The North Carolina General Assembly has left Raleigh after enacting a biennial budget and considering hundreds of bills during a six-month session. Legislators will return in August and September to consider other matters...more

2017 Legislative Session: Refusing to Budge(t)

by Shipman & Goodwin LLP on

The 2017 regular legislative session ended at midnight on June 7, 2017, with Governor Malloy and the Connecticut General Assembly unable to agree on a biennial budget for the period from July 1, 2017 through June 30, 2019, or...more

The Long Goodbye: General Assembly's 2017 Long Session Ends, But Additional Fall Sessions Remain

by Ward and Smith, P.A. on

In the early morning hours of June 30th, the North Carolina General Assembly adjourned its 2017 Long Session after a lengthy night of debate, negotiation, and casting votes. This year's adjournment date marks the second...more

Illinois Has a Budget But Schools Are Not Yet Out of the Woods

by Franczek Radelet P.C. on

The Illinois House voted last week to override Governor Rauner’s veto of the budget bill, income tax increase, and the budget implementation bill. The House vote came on the heels of the Illinois Senate’s override vote on...more

STATE BUDGET UPDATE: In A Historic Move, House Votes To Override 11 of the Governor's Vetoes From State Budget

by Roetzel & Andress on

The last time the Legislature voted to override multiple state budget vetoes was exactly forty (40) years ago to this day on July 6, 1977 under then Governor James Rhodes (R) and former longtime House Speaker Vern Riffe (D)....more

North Carolina Legislative Update - June, 2017 #5

by Brooks Pierce on

This week the General Assembly worked through the final bills of the session as the chambers prepared for adjournment of the 2017 long session....more

How will the Looming New Jersey Government Shutdown affect your Business?

by Genova Burns LLC on

In a letter to Cabinet officials yesterday, Governor Christie’s Acting Chief Counsel instructed all State departments to draft contingency plans and prepare for short-term shutdown if the State budget for FY 2018 is not...more

Tax Legislation Enacted During the Regular Session of the 2017 North Carolina General Assembly

by Smith Anderson on

A previous Tax Alert (June 20, 2017) summarized the tax provisions in the North Carolina 2017 budget bill (the Appropriations Act of 2017) as passed by the General Assembly. The Governor later vetoed the budget bill, but the...more

State Budget Wrap-Up: Extensive Public Policy And Funding Changes - What You Need To Know

by Roetzel & Andress on

Just before the midnight deadline on Friday, Governor John R. Kasich signed the state’s two-year operating budget into law. The Governor first released his budget proposal in January 2017 and the Legislature has spent the...more

Under the Dome: Inside the Maine State House

by Pierce Atwood LLP on

State Budget Down to the Wire - At publication time on this last day of June 2017, the Maine Legislature had yet to enact a budget for the biennium that starts at midnight tonight. Last week, the Legislature was presented...more

News from Second & State

Weekly Wrap - Today is the day. On the last day of the fiscal year, the House and Senate are still in Harrisburg working on a budget and revenue plan. The General Appropriations Act, H.B. 218 (Saylor, R-York), passed in...more

The Oregon Corporate Gross Receipts May Be Dead – at Least for Now

by Garvey Schubert Barer on

For more than a year, I have been discussing the potential that Oregon lawmakers will pass a corporate gross receipts tax. On May 26, 2017, we discussed recent events that would lead a reasonable person to believe that the...more

North Carolina Legislative Update - June, 2017 #4

by Brooks Pierce on

This week the General Assembly gave final approval to the two-year state spending plan and heard various bills as rumors of adjournment started to stir. Budget (SB257) - This week the House and Senate passed the final...more

NC Legislative Update: June 2017 #3

by Nexsen Pruet, PLLC on

This Week - Cpl. Dillon C. Baldridge, a native of Youngsville, NC, was one of three soldiers killed in Afghanistan on June 10th, 2017. We are eternally grateful for his service to this country and for his sacrifice. Our...more

News from Second & State

Weekly Wrap - Today marks just one week until the June 30 budget deadline. Seven days. A mere 168 hours to finish hashing out an over $30 billion state spending plan to carry us through the next fiscal year. While we still...more

Maine to Require Collection of Sales and Use Tax from Remote Sellers

by Pierce Atwood LLP on

The state of Maine has waded into uncharted territory with the passage of a law that requires out-of-state sellers to collect Maine sales and use tax on their sales into Maine even if they do not have a physical presence in...more

Do Read the Fine Print – California’s Recent Budget Makes a Number of Labor and Employment Policy Changes

by Fisher Phillips on

Last week, (by their constitutional June 15 deadline) the California Legislature passed and sent to the Governor a $184.5 billion budget for fiscal year 2017-18. Most of the media attention focused on tobacco tax...more

Minnesota Legislative Update: From the Capitol to the Courtroom

by Faegre Baker Daniels on

Following the adjournment of the 2017 regular session and a short special session, the Legislature passed and presented to Governor Dayton a comprehensive and balanced budget for fiscal years 2018 and 2019, including nine...more

Tax Provisions in the 2017 Budget Bill

by Smith Anderson on

The General Assembly released today the Proposed Conference Committee Substitute (the “Conference Bill”) for Senate Bill 257, the state budget bill. The Conference Bill is expected to be approved by the General Assembly later...more

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