News & Analysis as of

State Budgets

Ward and Smith, P.A.

General Assembly Convenes to Provide Additional Funding for Private School Vouchers, Medicaid and Public School Enrollment Growth

Ward and Smith, P.A. on

This week, the General Assembly briefly reconvened for one of the Special Sessions authorized by the July adjournment resolution. Although legislative activity and bill movement were both limited during this narrow window,...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Legislators Pass Budget Adjustment Bill and Override Vetoes

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Legislators returned to Raleigh this week and passed a bill that among other things, adjusts the budget law enacted in October 2023. They also voted to override four vetoes by Gov. Roy Cooper. Budget Adjustment Bill - ...more

Cozen O'Connor

Cozen Cities - September 11, 2024

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CHICAGO — CTA Launches AI Surveillance to Stop Gun Violence at Transit Stations- The Chicago Transit Authority (CTA) recently rolled out an artificial intelligence (AI) surveillance tool to detect guns at stations, a move...more

Brownstein Hyatt Farber Schreck

VA Budgetary Shortfall Threatens Veteran Benefits

As Congress shifts from negotiating positions on appropriations bills to building a continuing resolution (CR) for the rest of the calendar year, the Department of Veterans’ Affairs (VA) has been left facing a nearly $15...more

Cozen O'Connor

Broad Street Brief: Arena or Research Hub for Center City?

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The Philadelphia City Council returned today after a summer recess, with all eyes fixed on the future of the proposed Sixers arena in Center City and potential developments regarding business tax cuts based on the upcoming...more

Cozen O'Connor

Cozen Cities - August 28, 2024

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BALTIMORE — City Council Investigates DPW Working Conditions -Baltimore City Council members criticized Department of Public Works (DPW) officials over unsafe workplace conditions following the death of a sanitation worker,...more

Cozen O'Connor

Cozen Cities - July 31, 2024

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CHICAGO — U.S. Steel South Works Site Wins Massive Quantum Project -Illinois is investing in quantum computing on the Far South Side of Chicago at the former U.S. Steel South Works plant on Lake Michigan. The goal is to...more

WilmerHale

California NOL Suspension and Business Tax Credit Limitation 2024–2026

WilmerHale on

On June 27, 2024, California enacted budget trailer legislation that contains significant tax changes (Senate Bill 167) and is likely to impact most California taxpayers....more

Cozen O'Connor

Cozen Cities - July 2, 2024

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BALTIMORE — Gig Work on the Rise in Baltimore Area- Gig work is on the rise in the Baltimore area, becoming a predominant lifestyle choice for many individuals. The trend underscores a significant shift in employment...more

Partridge Snow & Hahn LLP

Rhode Island Legislative Update

It is that time of year again, when the Rhode Island legislature ends its session and passes a number of laws that affect businesses with Rhode Island-based employees.  2024 was no different. Though in some ways this year was...more

McCarter & English, LLP

New Jersey Fiscal Year 2025 Budget Overview

Following extensive deliberations and legislative actions, Governor Phil Murphy signed the Fiscal Year 2025 New Jersey Appropriations Act on Friday night, setting the state’s financial course for the upcoming fiscal year. The...more

Dentons

Majority of New Iowa Laws Effective July 1, 2024

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In Iowa, 188 bills and resolutions were passed in the 2024 session of the 90th General Assembly (the Governor vetoed one bill, HF2539 regarding open records; see the veto letter for more information). The majority of those...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Legislators Leave Raleigh After Passing Various Bills but Not a New Budget

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After a busy week, legislators left Raleigh on Thursday for the foreseeable future. Although they did not pass a new 2024 budget bill, they did appropriate funds for certain purposes and are authorized to return later this...more

Jackson Lewis P.C.

Governor Signs Budget Bill Putting Health Care Minimum Wage on Pause

Jackson Lewis P.C. on

On June 29, 2024, California’s Governor signed Senate Bill (SB) 159, a budget bill pertaining to healthcare. Within this budget bill were revisions to California’s health care worker minimum wage, further delaying the...more

Kohrman Jackson & Krantz LLP

One-Time Community Investments Package Set to Become Law

Shortly before the end of the state’s fiscal year on June 30, Ohio legislators are aiming to appropriate over $3.5 billion in infrastructure and development projects as part of the state’s biennial capital budget. Within this...more

McGuireWoods Consulting

North Carolina Politics in the News - June 2024 #3

ECONOMIC DEVELOPMENT - ABC 11: NC’s Rural Infrastructure Authority approved 20 grant requests, totaling to over $8M Over 800 new jobs are coming to rural communities across North Carolina. The state’s Rural Infrastructure...more

McGuireWoods Consulting

North Carolina General Assembly Week in Review - June 2024 #3

Members of the North Carolina General Assembly were busy in Raleigh this week as a variety of bills, ranging from education and healthcare policy changes to constitutional amendments, made their way through House and Senate...more

Best Best & Krieger LLP

California Supreme Court Strikes Taxpayer Initiative from November Ballot

In a Rare Pre-Election Review, California Supreme Court Strikes Ballot Measure that Would Revise Constitution to Limit Revenue-Raising Authority of State and Local Governments - On June 20, 2024, the California Supreme Court...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Both Houses Consider Budget Bills

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The House and the Senate considered significantly different budget bills this week and legislators discussed bills on a variety of other topics....more

Ward and Smith, P.A.

The State Budget Showdown: House and Senate Budget Proposals Compared

Ward and Smith, P.A. on

During the 2023 Long Session, the General Assembly enacted a two-year budget to carry the state through June 30, 2025. While that budget remains in place, it is standard practice for the General Assembly to enact a budget...more

Littler

NYS Department of Health Seeks Bidders to Provide Statewide Fiscal Intermediary Services in Response to the State Budget

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As previously discussed, New York’s State Budget for fiscal year 2024-2025 includes legislation that significantly changes the state’s Consumer Directed Personal Assistance Program (CDPA Program). The CDPA Program, funded...more

Cozen O'Connor

Cozen Cities - June 19, 2024

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CHICAGO — City Council Plans to Turn City Data Pain Into Tax-Revenue Gain - Alderperson Gilbert Villegas (Ward 36), who chairs the City Council’s Committee on Economic, Capital & Technology Development, proposes 8% of the...more

Adler Pollock & Sheehan P.C.

2024 Rhode Island Legislative Session Report

The Rhode Island General Assembly adjourned sine die on Friday, bringing the 2024 legislative session to a close. Below is an overview of noteworthy legislation passed during the session....more

McGuireWoods Consulting

Illinois 2024 End of Session Report

FY 2025 BUDGET - SB 251 (Sims/Gordon-Booth) creates the FY 2025 state budget. After three consecutive years of strong revenue growth, FY 2025 revenues are projected to be relatively similar to the previous fiscal year,...more

Cozen O'Connor

Broad Street Brief: City Leaders Push Harrisburg on School Funding Reform

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City Council Passes FY25 Budget, Nonprofit Contracting Bill- During its last regular meeting before summer recess, City Council unanimously passed the FY25 City Budget. Council also approved a bill requiring competitive...more

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