Sales tax

School vouchers in Arizona and bond measures in Colorado are among the fiscal ballot measures Southwest voters will decide Tuesday.

S&P Global Ratings cut Build Illinois bonds after changing its criteria; the downgrade mirrors a Fitch Ratings action in May.

The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.

A new law takes effect Nov. 1 to allow New Jersey to collect sales tax on products shipped from out of state in the wake of the Supreme Court's Wayfair ruling.

Bids were plentiful on the competitive deals but spreads were higher in the wake of two downgrades.

The Build Illinois bonds still carry single-A to double-A ratings, even after rating cuts tied to the state's overall fiscal woes.

More than 100 local governments around the state will ask their voters to approve tax measures in November.

Opponents say passage of Amendment 5 in November would threaten Florida’s ability to fund state priorities and its triple-A ratings.

Another wave of states is expected to begin implementation Jan. 1, according to the National Conference of State Legislatures.

The agreement will provide the team $135 million from lodging taxes for the upkeep of Safeco Field, a deal some County Council members call corporate welfare.

The report found that 61% of the 341 finance officers who participated in the survey anticipate negative future impacts on their city's financial health from the termination of advance refundings, while 35% said they already have seen negative impacts.

States would be barred from starting to require the collection and remittance sales taxes from online vendors located out of state until next year under a bill introduced by two Republicans in the Senate.

Lawmakers will consider internet sales taxes, electric and hybrid vehicle user fees, a state lottery and bonds to fund transportation projects.

As the nation’s most populous state with the largest economy, California could set the upper level benchmark for other large states such as Florida and New York that have not yet announced a sales tax remittance threshold.

Only a few of the 45 states that levy sales taxes have announced plans to begin implementation before the end of this year.

A strong rebound in oil and gas production and broad economic growth is fueling record growth in sales tax revenue, Comptroller Glenn Hegar said.

Moody's shifted the outlook on RTA and CTA's $5 billion of debt as Chicago and Illinois outlooks stabilize

House Judiciary Chairman Bob Goodlatte, R-Va., blasted the Supreme Court’s 5-4 decision in South Dakota v. Wayfair, Inc. as having “the potential to unleash chaos for consumers and remote sellers, particularly small business sellers.”

Tuesday’s House hearing will be chaired by Rep. Bob Goodlatte, R-Va., who was a steadfast supporter of the previous standard under which a remote seller had to have a physical presence in a state in order to be required to collect sales taxes.

State and local governments were advised Thursday to avoid imposing burdens on out-of-state e-commerce retailers that could spark a new round of litigation as they begin implementing the Supreme Court’s June 21 South Dakota v. Wayfair, Inc. ruling on sales taxes.