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States' January revenues were down from a year earlier.
March 20 -
The state's February general revenue collections came in $30.62 million below official estimates. but total collections for fiscal 2024 are $428.1 million ahead of forecasts.
March 7 -
Analysts say states can avoid short-term issues as a result of strong reserves but some may face challenges over the longer term.
February 29 -
The state asked the U.S. Supreme Court to deny a request to hear arguments seeking to overturn a capital gains tax expected to bring in $500 million annually.
November 8 -
Large reserves will insulate states against downgrades in the near future, one rating agency says.
November 2 -
The U.S. Court of Appeals for the Eleventh Circuit denied Treasury's motion for en banc review following its January panel decision that rendered the American Rescue Plan Act's Offset Provision "unconstitutionally unascertainable."
September 15 -
After years of surplus from COVID-19 related stimulus, state tax revenues declined by 6.7% in nominal terms and 9.4% in real terms in June when compared with a year prior.
September 7 -
State economists announced during a forecast presentation to lawmakers that taxpayers will see a record "kicker" rebate when they file next year's taxes.
September 1 -
Most states continue to fare well, despite economic shocks and weakening revenue growth.
August 2 -
Weakening revenues should be a red flag for states, particularly those planning tax cuts, said Lucy Dadayan of the Urban Institute's Tax Policy Center.
May 24