Tax

Gov. Ned Lamont and Connecticut lawmakers are studying a proposal to essentially exchange much of the state’s income tax for a payroll tax.

Illinois lawmakers gave first-year Gov. J.B. Pritzker a victory on a cornerstone of his fiscal plan for the troubled state.

Infrastructure ranked No. 2 behind only the related issue of economic development as a top priority for mayors during 153 State of the City addresses delivered this year the National League of Cities reported.

The measure, backed by Gov. J.B. Pritzker, cleared the House Revenue and Finance Committee on a party-line vote.

The 10 most populous U.S. states that levy income taxes all saw April revenue spikes, in many cases after missing projections in the previous months.

Long-term leases with container shipping tenants protect ports in the short to medium term should trade decline.

Stephen Benjamin, mayor of Columbia, South Carolina, said P3s already work in metropolitan areas and dialogue needs to be opened with smaller cities looking at P3s.

Nebraska's largest school district has more than $770 million of unfunded pension liabilities after some pension fund investments turned sour.

Dallas-Fort Worth International Airport expects to save money with the refunding deal as it advances plans for a new terminal and refurbished runways.

The gains are putting to rest speculation that tax reform would hurt high-tax, Democratic-leaning states.

Lawmakers have to wait another week for the governor's five-year infrastructure plan.

Gov. J.B. Pritzker's about-face on re-amortizing to reduce next year's pension contribution is one less negative rating factor, agency analysts said.

The Treasury and Internal Revenue Service sent the final regulation to the White House Office of Management and Budget over six weeks ago.

The New Jersey governor is using an unexpected tax collection surge to boost his push to hike income tax rates for the highest earners.

A graduated income tax could lay the groundwork for Illinois to rebuild its credit quality — but only if done right, according to the rating agency.

President Trump’s tariff threats may trigger a flight to quality to the benefit of the municipal bond market.

A mechanism for taxing internet sales on out-of-state sellers could mean an additional $850 million of revenue for Texas, according to legislative analysis.

Issuers of the Clean Energy Bonds would have the option of offering the bond as a tax credit bond, or as a direct-pay bond, where the Treasury Department reimburses the bond issuer at a rate of up to 70% of the interest cost, according to a summary of the bill.

The state Senate approved the proposed constitutional amendment on a party-line vote.

Fiona Ma has been pushing the state's bond team to explore refundings and to sell new money bonds while rates remain low.