State budgets

The Ohio House’s two-year operating budget bill boosts spending for higher education adding an extra $21.8 million for higher education next year and $20 million in 2021.

The $178 million bond sale comes as a legislative concurrence panel plans to negotiate the commonwealth’s proposed $42.7 billion fiscal 2020 budget.

Lawmakers authorized more than $23 billion of borrowing and approved a $45 billion six-year capital plan.

While Texas Republican leaders have expressed muted opposition to President Trump's plan to impose tariffs on Mexico, state Comptroller Glenn Hegar warned of threats to the state's economy.

Bills to limit the revenue flexibility of local governments and put more state funding toward schools were driven by a desire to limit property taxes.

State Controller Betty Yee blames the state's new digital accounting system for delaying the comprehensive annual financial report.

Minority Republicans had gummed up progress by forcing the House clerk to read every line of every bill, before two members broke ranks.

Gov. Ned Lamont and Connecticut lawmakers are studying a proposal to essentially exchange much of the state’s income tax for a payroll tax.

Illinois lawmakers gave first-year Gov. J.B. Pritzker a victory on a cornerstone of his fiscal plan for the troubled state.

First-year Democratic governor Gretchen Whitmer faces opposition from the GOP-controlled legislature.

Oklahoma is setting aside $200 million of its record $8.1 billion budget for a rainy day.

At stake is an estimated $880 billion in annual federal funding from 300 programs that use census data to distribute funds.

Capital Markets Director Kelly Hutchinson has returned to private sector after more than three years managing state debt issuance.

The measure, backed by Gov. J.B. Pritzker, cleared the House Revenue and Finance Committee on a party-line vote.

Moody’s Investors Service named New Jersey and Illinois as the two states least prepared for a recession.

The 10 most populous U.S. states that levy income taxes all saw April revenue spikes, in many cases after missing projections in the previous months.

Cris Johnston will replace Micah Vincent, who is leaving the position for the private sector.

Texas lawmakers are taking unprecedented steps to limit local control of government, advocates for cities and counties say.

The federation endorsed the plan only after Gov. J.B. Pritzker dropped plans for a partial pension funding holiday.

For the fiscal year, the state's total revenue collections are ahead 6.2% over the same period last year.