Tax

Gov. Kevin Stitt wants to tap surplus revenue to build up reserves and is once again asking the legislature to eliminate the state sales tax on groceries and pass an expanded school voucher program.

The $10,000 state and local tax deduction cap is an important issue for high tax states like New York and California and investors who trade paper from those states.

A number of states are taking aim at tax reductions, though some experts view the move as misguided policy.

Biennial budget bills filed by the Texas House and Senate include $15 billion in property tax cuts amid a projected $32.7 billion surplus.

A panel discussion hosted by the Volcker Alliance explored the future of American cities

Michigan's latest revenue forecast boosts prior projections by more than $1 billion annually for fiscal 2022, 2023, and 2024.

"Now our state is blessed with an opportunity for prosperity and growth unlike any before in our history," said Jim Justice.

While the bill has wide support in the Puerto Rico House of Representatives, the Oversight Board has yet to offer its opinion.

Rep. Jason Smith sold colleagues on his intentions to strictly oversee the Biden administration.

The organization is focused on some key muni priorities with the new year and new Congress.