Tax

Fitch Ratings has developed two indices tracking LGIPs.

The lawsuits were filed a day after 11 Democrats in the Senate and a bipartisan group of 47 House lawmakers announced a long-shot effort to repeal the regulation using the Congressional Review Act.

The IRS regulation is targeted at ending workarounds by state and local governments that have been enacted since the cap was included in the 2017 Tax Cuts and Jobs Act.

Austin is telling investors that a $319 million airport bond sale is critical to meeting growing demand for service.

The Chicago-based firm adds to the dealer group's voice as it pushes for muni policy measures that have been stalled for years.

The tax hike should provide new recurring revenue that restores structural balance after years of weak reserve levels, according to S&P Global Ratings.

Complaints that the SALT deduction only benefits the wealthy ignore its positive effects on school district finances.

States collected more than $45.2 billion in motor fuel taxes in 2017, compared with $36.8 billion 10 years earlier, according to the Federal Highway Administration.

The president said that European Central Bank President Mario Draghi would do a better job overseeing monetary policy in the U.S. than Fed Chairman Jerome Powell.

Upper Arlington Schools District Superintendent Dr. Paul Imhoff said an upcoming vote on an operating levy will be harder to secure.

Lawmakers are plowing through a pile of trailer bills, including two tax increases, that must pass to avoid blowing a hole in their $214.8 billion budget.

Democratic lawmakers scrapped Gov. Phil Murphy’s millionaire’s tax proposal and pitched their own budget plan just two weeks before a July 1 deadline.

A surging population and a healthy economy kept local governments riding high in sales tax revenue for the first half of the year.

Online wagers dominate in-person bets to drive New Jersey's still-modest but rising take from sports betting.

A tighter cap on local property tax rates for some cities and counties will factor negatively into future bond ratings, analysts warn.

Municipal issuers are benefiting from lower interest rates and investor demand that seem at least partly driven by the nearly constant talk of tariffs and trade wars.

The limit on the SALT deduction caused an estimated 10.88 million individual taxpayers to lose $323.1 billion in tax deductions for the 2018 tax year, the Treasury Inspector General for Tax Administration reported in February.

Texas surpassed $3 billion in sales tax revenue, the highest total for any month on record.

Bills to limit the revenue flexibility of local governments and put more state funding toward schools were driven by a desire to limit property taxes.

The General Assembly is sending a Constitutional amendment to voters for the measure that would raise $3 billion annually.