Tax

The rating agency said it could upgrade the state's ratings over a two-year period if recent healthy fund balances are maintained.

The co-founder of the public finance practice at the firm that still bears his name has died at 96. He helped set the firms on its path to success.

The IRS has published its final regulations on e-filing of Form 8038-CP and will require electronic filings beginning with returns filed after Dec. 31, 2023.

State and local governments across the country are making increased efforts to put money forward for the purpose of reparations.

Public power agencies argued that subsidies for Build America Bonds should be exempt from the federal budget sequestration process.

Gov. Greg Abbott used his State of the State address to fast track his priorities for the legislative session and drop a hint about an upcoming $100 billion transportation infrastructure plan.

It's the latest in a series of so far unsuccessful bills that have targeted federal tax exemptions for debt-financed professional sports arenas.

Muni issuers are staunchly opposed to what they characterize as an unfunded mandate that provides limited benefits.

The scheduled expiration of the TCJA tax cuts "is the most significant factor pushing up tax revenues relative to income over the next 10 years," the CBO said.

The issue is important to lawmakers in high-tax states, and is also important to municipal issuers in those places who have said the cap infringes on their fiancial sovereignty.

New legislation on the high priority is on its way.

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.