Tax

Texas state revenue figures point to a steadily improving economy

Mayor warns elimination of the SALT deduction will lead to double taxation.

California June revenues were 2.5% below projections outlined in last year’s budget.

Liquidity and pension woes still remain after Illinois enacted its first budget since 2015.

The Hawaii Supreme Court will hear arguments that the state is taking too much of Oahu's rail transit tax.

New York lawmakers approved a three-year extension of counties' authority to levy local sales tax.

Mayors and governors are concerned about potential strains on their finances from legislation being drafted without input from Democrats.

Illinois House Democrats laid out a $36.5 billion fiscal 2018 spending plan.

Rep. Dan Donovan of Staten Island initiated a letter to Treasury Secretary Steven Mnuchin.

Cities and states are embracing growth in the sharing economy by reaching agreements on collection of occupancy taxes.

New York municipalities may see a lapse in tax collections absent new legislation, according to Fitch Ratings.

When Placer County, Calif., tried to raise sales taxes last fall for freeway expansions in the booming suburbs of Roseville and Rocklin, voters in the more rural parts of the county defeated the measure.

Ryan’s speech is his first major public effort to keep tax reform on track for enactment by year-end.

Chicago enters the market with $825 million of new money and refunding O'Hare airport revenue bonds.

Some Republican lawmakers advocate a shorter August recess for Congress.

Senate Finance Committee wants tax reform ideas by July 17.

NASBO survey finds states have proposed the smallest increase in spending since fiscal 2010.

San Diego's mayor vetoed changes the City Council made to the budget that cut funding for two special elections.

A California hearing contemplated major changes to a tax board's structure.

Kansas lawmakers defied Gov. Sam Brownback by overriding his veto of a tax increase bill.