State budgets

Illinois Gov. J.B. Pritzker signed the fiscal 2022 budget with good fiscal and market news in tow and announced his deputy for budget matters, Dan Hynes, is departing.

The state stands to become the 19th to legalize non-medical use of cannabis and along with it up to $97 million of new tax revenues by fiscal 2026.

Republicans warn about inflation while Democrats celebrate social program expansions.

Picking up Donald Trump's top campaign issue, Texas Gov. Greg Abbott promised to build a wall on the Rio Grande.

Lawmakers could not enact the bill on the final day of the regular session, when House Republicans threatened a filibuster.

As lawmakers debate a new two-year budget, the state increased general fund revenue projections by $4.4 billion.

The businessman and former Assembly member looks to prevent the first re-election of a Democratic governor in more than 40 years.

Colorado lawmakers are creating government enterprises and using fees instead of taxes to fund transportation.

Raymond James is senior manager for the sale, which will feature $82 million of Series B tax-exempt and $17 million of Series A federally taxable bonds.

TxDOT expects to issue $1.5 billion of bonds in fiscal year 2022, with another $1.5 billion issued in fiscal 2024.

Texas is enjoying record revenues amid continuing uncertainty stemming from the pandemic, Glenn Hegar told The Bond Buyer Texas Public Finance Conference.

The state's record-high budget includes relief from the federal American Rescue Plan Act.

The budget pays off Municipal Liquidity Fund loans, goes easier on local governments, cuts some corporate incentives, and begins drawing down federal relief.

Texas lawmakers are facing a special session after a battle over elections, firearms and finance.

Michigan officials raised revenue estimates by $2 billion this year and $1.5 billion in fiscal 2022 as the state economy beats early pandemic expectations.

While Jacques Jiha cited improved outlooks to stable from Moody's and S&P, skeptics warned of inadequate use of federal aid and lingering outyear budget gaps.

Oklahoma can cut taxes and boost school funding while expanding Medicaid coverage thanks to healthy revenues.

Illinois won't wait for the Treasury Department to consider its request to add COVID-19-related debt repayment as an eligible use of ARP funds.

The state's surplus is overstated and agencies can't handle the mountain of cash proposed in the May budget revision, state analysts say.

Colorado lawmakers are working on a $5 billion funding proposal for transportation; this week's $500 million debt issue targets immediate needs.