State Budgets

News & Analysis as of

South Carolina Legislative Update

The Senate met last week and was able to set the infrastructure funding bill for special order and continued their debate on the 20-week abortion bill. The House adopted revisions to the Uniform Partition of Heir’s Property...more

North Carolina General Assembly Week in Review

The state House passed their two-year, $22.1 billion spending proposal early this morning on a vote of 93-23 after a long week of debate that saw delays because of the sheer number of amendments to the bill. House Bill 97,...more

Minnesota Weekly Legislative Update: 05/2015

During the final 10 days of the 2015 session, Governor Dayton, Senate Majority Leader Bakk and Speaker Daudt met frequently, attempting to reach a final agreement to end the session. Last week, the negotiators agreed to table...more

Under the Dome: Inside the Maine State House

Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Appropriations Committee Ramps up Budget Work - The Chairs of the budget writing committee...more

A New Tool for Developing and Financing Public and Private Infrastructure: Enhanced Infrastructure Financing Districts

Even as the state's economy continues to improve, local governments continue to struggle to find ways to meet the state's backlog of infrastructure needs, including water, transportation, energy, affordable housing and more....more

Minnesota Session Ends With Governor Threatening Veto

The Minnesota legislature concluded its business last evening with Governor Mark Dayton threatening to veto a $17 billion public education funding bill – a threat he carried through with earlier today. The governor issued the...more

It Ain’t Over Till It’s Over

The Minnesota Legislature wrapped up its business late Monday night, meeting a constitutional deadline to finish its work for 2015 by midnight. Adding to the pressure to end on time, as part of the ongoing renovation of the...more

North Carolina General Assembly Week in Review

The state House unveiled their budget proposal last week and while the full plan will come out early this week, the nearly $22 billion proposal reflects a clear upswing in the economy, with less cuts to major policy areas....more

NC Legislative Update for May 2015 #3

This Week - The end of the week at the General Assembly marked the official beginning of the House budget process. The various House Appropriations Subcommittee Chairs have been meeting behind closed doors for weeks...more

South Carolina Legislative Update

The South Carolina Senate finished their budget deliberations and adopted the over $7 billion budget last week. Highlights include: an $800 bonus to state employees; an 11% raise for members of the judiciary, circuit...more

Minnesota Weekly Legislative Update: 05/15/2015

The focus at the Capitol this week for the Minnesota Legislature has been budget negotiations among Governor Dayton, Senate Majority Leader Bakk and Speaker Daudt. As of Friday morning, only two targets have been released —...more

News from Second and State

This week, each chamber fired its opening salvo in the budget debate, giving us a preview as to what’s likely to be up for discussion come June. In the Senate, it was three quick days of debate on S.B. 1 (Corman, R-Centre), a...more

Week in Review – May 2015 #3

Fishing for Budget Numbers - Gov. Dayton, Senate Majority Leader Bakk (DFL-Cook) and House Speaker Daudt (R-Crown) reportedly caught lots of fish last weekend, but no luck with agreed upon budget numbers. Leaders have...more

Under the Dome: Inside the Maine State House

Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Budget Work Continues, Gains Momentum in Appropriations - As the clock ticks towards the...more

North Carolina General Assembly Week in Review

This week, in a press conference at the state capitol building with House and Senate leaders, Gov. Pat McCrory (R-NC) announced that North Carolina had paid off the $2.8 billion debt it owed to the federal government for...more

SC Public Policy Update - May 2015 #2

What's New - The Senate spent the week debating the State Budget. Earlier in the week, numerous bills were reported from committees and placed on the Calendar. Senators worked quickly through the uncontested...more

California Tax Developments - A Reed Smith Quarterly Update (1st Quarter 2015)

Regulatory Updates - GO-Biz Rolls Out First Awards of 2015 For fiscal year 2015, the Governor’s Office of Business and Economic Development (“GO-Biz”) is authorized to award $151.1 million in California Competes Tax...more

FY2016 Massachusetts Budget Update: The House Budget

On April 29 the Massachusetts House of Representatives approved a $38.1 billion spending plan for FY2016 by a unanimous vote of 158-0. Over roughly 28 hours of sessions, the House dispensed with over 1,000 amendments to pass...more

NC Legislative Update for May 2015 #2

This Week - A relatively uneventful week at the Legislative Building has come to a close. The Senate did not take any votes until Thursday and the House voted on one bill on Wednesday and one on Thursday. House...more

Minnesota Weekly Legislative Update: 05/2015

With the clock running out for the legislature in 2015, members are spending more time in each chamber. Majority leadership from each body has been working with the Governor to find middle ground between gaps in budget plans....more

Louisiana Severance Tax Exemptions in Jeopardy

The 2015 Louisiana legislative session is in full swing and the lawmakers are dealing with a projected $1.6 billion budget shortfall. Of the many tax credits, exemptions and deductions that are in the legislature’s...more

Week In Review - May 2015 #2

Budget Battle - Conference committees on the budget bills for the next biennium have begun their initial walkthroughs of fiscal tracking sheets and side-by-side comparisons, but the real negotiating is awaiting new...more

Under the Dome: Inside the Maine State House

Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Budget Update - Late Thursday afternoon, Governor LePage released a change package to his...more

$400 Million Surplus Could Trigger Corporate Tax Rate Reduction

North Carolina state officials have announced a projected $400 million revenue surplus for the current fiscal year. The anticipated surplus is mainly due to higher income tax payments and lower refunds compared to last year....more

South Carolina Legislative Update

The House and Senate worked diligently last week on several pieces of legislation in order to beat the May 1 crossover date. Legislation passing the originating chamber after May 1 will require the approval of two-thirds of...more

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