Sales tax

Texas surpassed $3 billion in sales tax revenue, the highest total for any month on record.

A mechanism for taxing internet sales on out-of-state sellers could mean an additional $850 million of revenue for Texas, according to legislative analysis.

A higher state sales tax would be used to help fund public schools, in connection with a cap on local property taxes.

The state collected $2.6 billion, a 9% increase over the same month of 2018, said State Comptroller Glenn Hegar.

A 2018 high court decision has been positive for state and local government budgets, but not as much a boost as some of the estimates had predicted.

Small holders are disproportionately impacted by the way the restructuring was conducted, said Glenn Ryhanych of BlueList Partners.

The owner of the Indy Eleven says a $150 million, 22,000-seat soccer stadium would help the team move up to Major League Soccer.

New York will require out-of-state retailers with annual sales of more than $300,000 or 100 transactions in the state to collect and remit sales tax.

Mayor Rahm Emanuel's administration is interested in a similar structure for a pension obligation bond.

The spending plan uses money generated by a new online sales tax and funds unspent by state agencies.