Tax

Another wave of states is expected to begin implementation Jan. 1, according to the National Conference of State Legislatures.

Salt Lake City will bring $875 million of revenue bonds this month for its airport.

The Protecting Family and Small Business Tax Cuts Act of 2018 which passed 220 to 191 isn’t expected to become law because the Senate won’t consider it this year.

The two regulatory agencies are working to ensure a seemless transition to another benchmark when Libor is phased out in 2021.

Incoming NABL president Dee Wisor wants the group to be more active in Washington.

House Republicans will vote Thursday or Friday on tax reform legislation that would make permanent the $10,000 federal cap on the deduction for state and local taxes and individual income tax rate reductions.

The coalition is sponsoring a campaign fundraiser for Rep. Richard Neal of Massachusetts, the ranking Democrat on the House Ways and Means Committee.

The threat of lower tax revenues after the IRS denied the SALT tax workaround isn’t the only worry.

Thirty states told the Council of Development Finance Agencies they issued mortgage revenue bonds in 2017 compared to only 18 that issued mortgage credit certificates.

The agreement will provide the team $135 million from lodging taxes for the upkeep of Safeco Field, a deal some County Council members call corporate welfare.