Government finance

Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.

Bond Dealers of America urges the House Ways and Means Committee to take up and pass a bill that would restore advance refunding bonds according to prior law.

The report illustrates how federal, state and local laws must be changed if the Supreme Court rules in favor of South Dakota and against Wayfair Inc. in an online sales tax case.

Some of the oomph for multifamily housing bonds comes from additional federal funding for public housing agencies which are partners in these bond deals while the remainder comes from programmatic changes in the law.

City and state groups credited Congress for supporting programs the administration wanted zeroed out, including the Federal Transit Administration’s Capital Investment Grants program, which will get $2.6 billion.

The state’s net position of governmental activities eroded by $10.1 billion to reach a negative $141.7 billion.

The bill has a $63 billion in spending for non-defense discretionary programs in the 2018 fiscal year ending Sept. 30, including $10 billion more for infrastructure programs.

President Trump has threatened to veto this long-delayed omnibus if it contains a $900 million appropriation for Gateway that the House approved in September as part of a spending bill for the Transportation and Housing and Urban Development Departments.

The collapse of the pedestrian bridge in Florida and resulting focus on its federal funding shouldn't impact the TIGER program, transit officials said.

Transit officials from across the nation meeting here this week said the president's proposed budget cuts don't track with his rhetoric on infrastructure.