News & Analysis as of

Tax Credits General Assembly

Woods Rogers

State and Local Tax Law Changes in Effect in 2024

Woods Rogers on

The Virginia Department of Taxation released its 2024 legislative summary detailing changes, effective July 1, 2024, to Virginia’s state and local tax laws. The following discussion focuses on a few of the changes you may...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 40 - March 2024

Legislative Day 40 is a roller coaster, full of ups, downs, and zero gravity turns (also known as conference committee reports). One goes from celebrating a bill achieving final passage to lamenting a measure being gutted...more

Pullman & Comley - For What It May Be Worth

Connecticut Bill Aims to Incentivize Commercial to Residential Building Conversions

National and local news has been replete with stories discussing the challenges and benefits of converting underutilized commercial properties such as office buildings into needed housing.  A recently introduced bill pending...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 28 - March 2024

Thursday carried several distinctions under the Gold Dome. It was Leap Day, the quadrennial opportunity to celebrate those born on Feb. 29. It was Crossover Day, the day we all have to explain to our significant others each...more

Alston & Bird

Look Ahead to the Week of February 5: Moment of Truth for Border Deal

Alston & Bird on

Look Ahead to the Week of February 5: Moment of Truth for Border Deal - Both the Senate and House are in session this week, although the lower chamber will wrap up votes early as House Democrats depart Wednesday for their...more

Buckingham, Doolittle & Burroughs, LLC

Ohio Budget Bill highlighted by substantial tax cuts and expanded tax credits, continuing Ohio’s vision of becoming more tax...

Ohio’s Biennial Budget Bill (H.B. 33) was signed into law by Governor DeWine on July 4, 2023. The Bill focused on investments to boost Ohio economic development, education, and healthcare, but also included significant cuts...more

Mitchell, Williams, Selig, Gates & Woodyard,...

94th Arkansas General Assembly: Historic Rehabilitation Tax Credit Expansion

The Quapaw Quarter Association (“QQA”) announced in its April 6th newsletter that Senate Bills 461 and 462 have passed both the Arkansas House of Representatives and Arkansas Senate. Both bills address the Arkansas...more

Mitchell, Williams, Selig, Gates & Woodyard,...

94th Arkansas General Assembly/Water Resource Conservation/Development Incentives Act: Addition of Chicot County

House Bill 1624 (“HB1624”) was introduced amending the Water Resource Conservation and Development Incentives Act (“Act”). The legislation is sponsored by Representative Beaty, Jr., and Senator Gilmore....more

Butler Snow LLP

A Selective Summary of General Assembly of Georgia Legislative Changes Impacting Revenue and Taxation 2022

Butler Snow LLP on

Sales Tax Exemption for Certain Purchases of Computer Equipment - Act 842 (H.B. 1291) extends the sunset of the exemption for purchases of qualified computer equipment within O.C.G.A. § 48-8-3(68). Beginning in 2024,...more

Kohrman Jackson & Krantz LLP

UPDATE: Ohio General Assembly Passes Increased Historic and Opportunity Zone Incentives in SB 225

Ohio’s General Assembly recently voted to temporarily double its Ohio Historic Preservation Tax Credit (OHPTC) award cap and increase, then reduce Ohio’s Opportunity Zone (OZ) Tax Credit cap. For state fiscal years 2023 and...more

Schwabe, Williamson & Wyatt PC

Oregon Legislature Paves the Way for Changes to the Forest Practices Act

The Oregon legislature is currently considering, as part of its February 2022 session, three bills that form a comprehensive set of changes to the Oregon Forest Practices Act (Senate Bill 1501), create a small forestland...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report — Legislative Day 15 2022

The General Assembly took a half day on Friday after a full week of floor debates and committee proceedings. Although the House and Senate addressed a collective six measures on their floors, legislators made quick work of...more

Smith Anderson

Finance Provisions of the 2021 Budget Bill

Smith Anderson on

On November 15, 2021, after months of negotiations and four and a half months into the new fiscal year, the North Carolina General Assembly released Senate Bill 105, its proposed budget bill (the "Bill"). Both Chambers...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Updates from the NC General Assembly and Governor’s Office - June 2021 #2

Brooks Pierce on

This week, Legislators worked on the budget bill and considered other bills. State Budget Bill - House and Senate leaders this week announced an agreement for state budget spending caps for fiscal years 2022 and 2023....more

Mitchell, Williams, Selig, Gates & Woodyard,...

93rd Arkansas General Assembly: Historic Rehabilitation Tax Credit Cap Increase

The 93rd Arkansas General Assembly convened for regular session on January 11th. House Bill 1555 (HB1555) has been filed which would increase the cap for the Arkansas Historic Tax Credit from $4 million to $10 million...more

Bradley Arant Boult Cummings LLP

Alabama Enacts Landmark TCJA Reform/CARES Act Exemptions

On February 12, Gov. Kay Ivey signed into law Act 2021-1, introduced only two weeks before as House Bill 170 (and its counterpart SB 98), and designated three separate acts: (1) the Alabama Taxpayer Stimulus Freedom Act of...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report — Legislative Day 16

The early morning began with Subcommittees of the House Appropriations Committee looking in earnest at the development of a spending plan for the state’s FY 2022. This work follows the news from earlier in the week of the...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report — Legislative Day 15

The Georgia General Assembly is over halfway to Crossover Day, and new legislation continues to fill the hoppers each day. In these first 15 days of the 2021 Legislative Session, lawmakers have introduced 746 propositions —...more

Snell & Wilmer

Highlights from the Colorado Assembly’s Extraordinary Session for COVID-19 Relief

Snell & Wilmer on

On November 30, 2020, the Colorado General Assembly convened for an extraordinary session aimed at providing additional pandemic relief. Of the nearly 40 bills that were introduced, 10 passed. By December 7, 2020, Governor...more

Eversheds Sutherland (US) LLP

Georgia General Assembly adjourns with new tax legislation

In the last days of the legislative session, the Georgia General Assembly passed key legislation, including conformity to the federal tax law, a new rideshare fee, changes to interest payments on direct pay permit holder’s...more

Eversheds Sutherland (US) LLP

Significant tax legislation moves forward in Georgia

Significant state tax legislation will move forward through the Georgia General Assembly. “Crossover Day” was Thursday, March 11 - the 28th legislative day of 40 total legislative days - the day by which all bills must have...more

Pullman & Comley, LLC

2020 Environmental Legislative Update No. 1, "Stream of Consciousness" Edition

Pullman & Comley, LLC on

Welcome back to the Environmental Legislative Updates for the 2020 Connecticut General Assembly’s “short session.” Since all is well with the Rule of Law in general, let’s see what new Rules and Laws our legislators have in...more

Dentons

2020 Legislative Report - Week One

Dentons on

The second year of the 88th General Assembly convened on Monday. Republicans maintain their majority in both chambers, 53-47 majority in the House and a 32-18 majority in the Senate....more

Brooks Pierce

New Year Dawns With Elections And January Legislative Session

Brooks Pierce on

As 2020 begins, activity in Raleigh resumes at a fast pace. Candidate filing for 2020 elections ended in December and Legislators return to Raleigh on Jan. 14. 2020 Elections - This will be a very active election year....more

Brooks Pierce

North Carolina Legislative Update - November 2019 #2

Brooks Pierce on

Legislators left Raleigh this past Friday after passing bills drawing new congressional district lines and some additional appropriations bills. They plan to return on Jan. 14 for a session that may consider a variety of...more

42 Results
 / 
View per page
Page: of 2

"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