News & Analysis as of

State and Local Government State Budgets Tax Reform

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/2)

Cozen O'Connor on

Illinois Democrats pass budget in final minutes with sports betting tax hike- “Illinois lawmakers approved a $55.2 billion state budget package minutes ahead of a key constitutional deadline Saturday night, relying on tax...more

Brooks Pierce

Brooks Pierce Capital Dispatch: House Passes Budget and New Helene Recovery Bill, Senate Confirms DIT Secretary

Brooks Pierce on

House Passes Budget Bill - The NC House on Thursday passed the biennial budget bill (S 257) by a vote of 86 to 20. The vote was bipartisan with 25 Democrats joining 61 Republicans in supporting the bill. This action...more

Maynard Nexsen

Alabama Legislative Update: Regular Session - Week Eleven

Maynard Nexsen on

Birmingham Water Works - On Thursday, the House passed legislation, sponsored by Senator Dan Roberts and Representative Jim Carns, to reform the composition and functionality of the Birmingham Water Works Board. The bill...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (4/21)

Cozen O'Connor on

Democratic state lawmakers start to move on promise to ‘be a check’ on Donald Trump - “With six weeks left in the spring legislative session, lawmakers have a range of measures before them that backers say are necessary to...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Senate Approves Budget Bill and Confirms Two More Secretaries

Brooks Pierce on

Senate Budget bill - The North Carolina Senate on Thursday approved its version of the 2025 Appropriations Act by a vote of 30 to 15. Four Democrats joined twenty-six Republicans in supporting the bill. Fourteen Democrats...more

Spilman Thomas & Battle, PLLC

The Dome Report: Final Review of the 2025 Regular Session of the West Virginia Legislature

The 2025 regular session of the West Virginia Legislature concluded at midnight on April 12. As the dust settled, it became clear that Governor Patrick Morrisey was able to get the majority of his agenda enacted into law,...more

Cozen O'Connor

Broad Street Brief Special Edition: FY26 City Budget Address Recap

Cozen O'Connor on

On Thursday, March 13, Mayor Cherelle Parker delivered her second annual Budget Address to the Philadelphia City Council, unveiling her $6.77 billion FY26 Budget proposal—an approximately $400 million increase over the FY25...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 26 - March 2025

March came in like a lion on Monday as the Georgia General Assembly began its blitz toward Crossover Day on Thursday. With over 80 measures slated for hearing in House and Senate committees, state senators began their...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, February 27, 2025

Cozen O'Connor on

PA House Committee Considers EITC to Aid Working Families -Pennsylvania’s House Finance committee is exploring the introduction of an Earned Income Tax Credit (EITC) to support financially constrained working families, though...more

McCarter & English, LLP

New Jersey Governor Phil Murphy’s FY2026 Budget Address: Key Highlights

In his final budget address, Governor Phil Murphy is proposing a $58.05 billion plan, with a strong emphasis on preserving funding for critical priorities while cutting spending on various programs. The address underscores...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 22 - February 2025

Lawmakers and lobbyists watching the Georgia State Senate on Monday saw a lot of green and red, but it wasn’t exactly Christmas. While some state agencies and contractors stand to see a few extra greenbacks in the Senate...more

Cozen O'Connor

Illinois Insights Special Edition: 2025 Budget Address Recap

Cozen O'Connor on

On Wednesday, February 19, Governor J.B. Pritzker delivered his seventh annual Budget Address to a joint session of the General Assembly, where he unveiled his $55.2 billion FY26 Executive Budget - marking an approximately $2...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (2/18)

Cozen O'Connor on

“Gov. JB Pritzker will present his seventh budget proposal Wednesday as the state faces a projected $3.2 billion revenue shortfall for fiscal year 2026, which begins July 1. Federal pandemic aid has all been allocated and the...more

Pillsbury Winthrop Shaw Pittman LLP

California Governor Releases 2025 Budget Proposal to Move Banks and Financial Corporations to Single-Sales-Factor Apportionment

The proposal includes a shift to a single-sales-factor apportionment for financial institutions, aiming to increase tax revenue starting in tax year 2025....more

Cozen O'Connor

Broad Street Brief: Mayor Parker Unveils “Mission 30,000” Housing Plan

Cozen O'Connor on

Mayor Parker Unveils “Mission 30,000” Housing Plan - Mayor Cherelle Parker outlined her “Mission 30,000” plan to build, preserve, and repair 30,000 housing units in Philadelphia during the Chamber of Commerce for Greater...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, February 13, 2025

Cozen O'Connor on

Gov. Shapiro Sues Trump Admin. Over $2B Federal Funding Freeze -Governor Josh Shapiro has filed a lawsuit against the Trump administration for allegedly withholding over $2 billion in federal funds from Pennsylvania, despite...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, February 6, 2025

Cozen O'Connor on

Gov. Shapiro’s Budget Balances Bipartisan Priorities - Governor Josh Shapiro's third budget proposal aims to balance bipartisan priorities, incorporating both Republican and Democratic interests while navigating the...more

Lowndes

Governor DeSantis Aims to Eliminate Florida Commercial Rent Sales Tax by 2027

Lowndes on

As part of the proposed $115.6 billion state budget for fiscal year 2025-26, Governor DeSantis has outlined a plan to eliminate Florida's longstanding commercial rent sales tax. This proposal continues Florida's tax reduction...more

Brownstein Hyatt Farber Schreck

Maryland Governor Releases 2026 Budget Proposal

Last week, on Jan. 15, Gov. Wes Moore introduced to the Maryland General Assembly his fiscal year 2026 budget package. This $67.3 billion proposal, aiming to close the state’s nearly $3 billion budget gap, places a strong...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 4 - January 2025

Evoking Georgians’ soft spot for the All-Star Special, Governor Brian Kemp promoted tort reform as necessary to protect Georgia businesses like Waffle House from being smothered by insurance and litigation costs during his...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Post-Legislative Session Report

On Friday, Florida legislators officially concluded the 2024 Regular Legislative Session. Prior to the symbolic drop of the hanky to signify the end of this year’s session, lawmakers were able to pass a balanced state budget...more

Shumaker, Loop & Kendrick, LLP

Governor Ron DeSantis Delivers State of the State Address

This morning, Governor Ron DeSantis addressed a joint session of the Florida Legislature to present the State of the State Address to kick off the 2024 Regular Legislative Session in Tallahassee. Legislators also heard...more

Benesch

What to Expect in 2024 at the Ohio Statehouse

Benesch on

While the campaigns for U.S. President, U.S. Senate, U.S. House, Ohio Supreme Court, and to a lesser extent the Ohio General Assembly will dominate media attention, we still anticipate activity at the Statehouse....more

Shumaker, Loop & Kendrick, LLP

Client Alert: Focus on Florida’s Future: Governor Ron DeSantis Releases Budget Recommendations for FY 2024-2025

This week, Florida Governor Ron DeSantis released his proposed budget for the 2024-2025 Fiscal Year (FY). The $114.4 billion spending plan, titled "Focus on Florida's Future," centers on allocations to Education, Public...more

Dentons

December Revenue Estimating Conference Predicts a Stable Fiscal Year

Dentons on

The Revenue Estimating Conference forecasted Iowa’s revenues for fiscal years 2024 and 2025, predicting a slight decline but emphasizing a strong overall budget. Governor Kim Reynolds is required to use this estimate as the...more

62 Results
 / 
View per page
Page: of 3

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide