Tax Reform, Constitutional Amendment

Key Considerations When Planning for the Massachusetts ‘Millionaires Tax’

Nutter McClennen & Fish LLP on 11/28/2022

On November 8, 2022, Massachusetts voters approved an amendment to the Massachusetts Constitution imposing, effective January 1, 2023, a surtax of 4% on an individual’s annual taxable income to the extent it exceeds $1...more

Iowa 2021 Legislative Report - Week 13

Dentons on 4/12/2021

Budgets and floor debate dominated week 13. Most of the work was packed into Tuesday, April 6, and Wednesday, April 7, with short sessions at the beginning and end of the week....more

Illinois Fiscal Year 2020 Income and Franchise Tax Changes

McDermott Will & Emery on 6/14/2019

The Illinois General Assembly enacted a number of new tax measures in a flurry of activity at the end of its legislative session. Some of the changes are taxpayer friendly and others are not. Unlike the no-deal chaos of past...more

Georgia Legislative Highlights from 2018 Session

Miller & Martin PLLC on 6/4/2018

The 2018 Legislative Session ended March 29 and May 8 was the last day Georgia's Governor Deal could sign or veto legislation. While the Legislative Session had its usual amount of drama and excitement, especially for an...more

Minnesota Legislative Update: Two Steps Back

Faegre Drinker Biddle & Reath LLP on 5/29/2018

When the Minnesota Legislature convened in February, the state had just announced a modest budget surplus. Lawmakers and Governor Mark Dayton were optimistic that they could reach agreement on a capital investment bill, a tax...more

NC Legislative Update - June 2016 #3

Maynard Nexsen on 6/21/2016

This Week - Both chambers accelerated pace in an eventful week as several Committees met more than once throughout the week with some even meeting after the day’s floor session. Senior House Appropriations Chairman Rep....more