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The stock market plunge amid the COVID-19 pandemic increases the risk of a revenue shock for California and other states that depend on capital gains taxes.
March 12 -
Gov. John Bel Edwards kicked off Louisiana's legislative session by asking lawmakers to share accurate details about the coronavirus with constituents.
March 11 -
In budget talks, House Speaker José Oliva says lawmakers will discuss how to prepare for a recession that may result from the economic impacts of COVID-19.
March 9 -
The state's lookback at gambling revenues since 2012 comes as a large-scale expansion looms.
February 7 -
If the new projections bear out Wisconsin would bolster cash and reserve balances while trimming a longstanding GAAP deficit
February 4 -
The governor has recommended a $54.15 billion budget amid flat state revenue collections in the current fiscal year.
January 17 -
For the next fiscal year, which begins Oct. 1 , the general fund is projected to have $235 million more than estimates made last May, bringing the total to $11.2 billion.
January 13 -
Oklahoma saw its economy steadily slowing through 2019, according to Treasurer Randy McDaniel.
January 9 -
Deborah Goldberg succeeds Utah State Treasurer David Damschen as president of the National Association of State Treasurers.
January 2 -
A new survey by the National Association of State Budget Officers reports these reserves had a median balance of 7.6% of a state’s general fund in fiscal 2019, compared with 4.7% in fiscal 2007 before the onset of Great Recession in December of that year.
December 17 -
Gov. Tim Walz wants to use some of the extra funds for a bonding bill to fund infrastructure investments in the state.
December 6 -
In a recent Moody's report, analysts said states would be able to weather a moderate recession due to healthy reserves.
December 4 -
California lawmakers warned by LAO against spending a large anticipated surplus.
November 27 -
Sound Transit says it can continue to collect taxes approved by its own voters in 2016 until bonds it backs are repaid.
November 22 -
Total state spending increased 5.7% in fiscal 2019 supplied by a 4.7% increase in federal funding that was augmented by a 5.9% increase the use of state funds.
November 21 -
A Senate committee has approved a bill requiring remote sellers to collect the state's 6% sales tax. It could generate $700 million in new revenue.
October 23 -
Michigan is more vulnerable because of its higher exposure to the auto manufacturer relative to other U.S. states, said Moody's Investors Service.
September 19 -
The state will encounter budget gaps in the following two years, according to a new long-range revenue forecast.
September 13 -
As health risks associated with e-cigarettes have gained attention, some states are trying to deter minors from the product through taxation.
August 26 -
Chicago’s long-standing effort to host and profit from a casino will require a legislative makeover to attract financing, a report said.
August 14

















