Latest State taxes News

Michigan sales top $1.6M in first week of recreational pot

Dec. 9, 2019 8:48 PM EST

Recreational marijuana sales totaled about $1.6 million in the inaugural week of business at the first retail shops in Michigan. Sales during the Dec. 1-8 period brought the state roughly $270,400 in revenue from the excise and sales taxes levied on pot, the Detroit Free Press and MLive.com reported. As of...

California feud with Trump could impact budget surplus

Dec. 9, 2019 8:29 PM EST

SACRAMENTO, Calif. (AP) — California is preparing for a much smaller budget surplus next year because of its ongoing feud with the Trump administration, one of the state's chief budget writers said Monday. California is projected to have a $7 billion surplus, with $3 billion of it available to spend on...

Oil bonanza sustains state budget surplus in New Mexico

Dec. 9, 2019 7:08 PM EST

SANTA FE, N.M. (AP) — State government income is expected to outpace spending obligations by nearly $800 million for the coming fiscal year as New Mexico lawmakers contemplate bigger budgets for public schools, health care and anti-crime initiatives. Economists from three state agencies and the...

Man who argued religious objection to tax filing guilty

Dec. 9, 2019 4:25 PM EST

PORTLAND, Ore. (AP) — U.S. District Chief Judge Michael W. Mosman has found an Oregon man guilty of four counts of willfully failing to file tax returns during an unusual second trial with no witnesses, no jury and a set of agreed-upon facts submitted to the court. The Oregonian/OregonLive reports Michael...

Nestle seeks tax break for $200M project at Indiana facility

Dec. 9, 2019 8:16 AM EST

ANDERSON, Ind. (AP) — Nestle USA is planning a $200 million investment at its central Indiana production facility. The company is asking the Anderson City Council for a tax break as part of a plan to install new equipment at the factory along Interstate 69. The (Anderson) Herald Bulletin reports Nestle...

Tax credits to improve affordable housing in Maine

Dec. 8, 2019 1:50 PM EST

WATERVILLE, Maine (AP) — An independent state authority that deals with housing issues in Maine says it has been awarded nearly $4 million in federal low-income housing tax credits for several projects in the state. MaineHousing director Daniel Brennan says the tax credits are an important way to spur...

Michigan nears deal to legalize sports, online gambling

Dec. 8, 2019 1:17 PM EST

LANSING, Mich. (AP) — The Legislature and Gov. Gretchen Whitmer are closing in on an agreement to legalize sports betting and internet gambling in Michigan, with final votes possible this week. The development would be a landmark in a state with many gambling options already. Those include three commercial...

Lawmakers to learn more about Connecticut hospital tax deal

Dec. 8, 2019 9:35 AM EST

HARTFORD, Conn. (AP) — State lawmakers will learn more this week about a long-awaited settlement agreement reached between the Connecticut Hospital Association and Gov. Ned Lamont. Members of several key committees in the General Assembly will participate in a hearing on Friday at the Legislative Office...

US appeals court backs truckers in legal fight against tolls

Dec. 6, 2019 4:43 PM EST

A federal appeals court has backed the trucking industry in its legal fight to end Rhode Island’s truck tolls. The 1st U.S. Circuit Court of Appeals on Thursday reversed a lower court ruling to dismiss the suit. The lower court in March said it lacked jurisdiction and the case should be heard in state...

'Dark money' ties raise questions for GOP Sen. Ernst of Iowa

Dec. 6, 2019 10:22 AM EST

WASHINGTON (AP) — An outside group founded by top political aides to Sen. Joni Ernst has worked closely with the Iowa Republican to raise money and boost her reelection prospects, a degree of overlap that potentially violates the law, documents obtained by The Associated Press show. Iowa Values, a...