Latest State taxes News

Louisiana governor signs $30B budget; touts teacher raises

Jun. 18, 2019 7:43 PM EDT

BATON ROUGE, La. (AP) — Saying "a great education cures a lot of ills," Gov. John Bel Edwards on Tuesday signed Louisiana's $30 billion operating budget at a Baton Rouge elementary school where he hailed the first statewide public school teacher raise in a decade. The 2019-20 budget starting July 1...

Rhode Island House speaker explains budget plan to lawmakers

Jun. 18, 2019 5:58 PM EDT

PROVIDENCE, R.I. (AP) — Rhode Island's House speaker explained to lawmakers what's in the budget and why on Tuesday, answering several of their questions about the planned increase in medical marijuana dispensaries. Democratic Speaker Nicholas Mattiello held a budget briefing Tuesday at the Statehouse,...

Murphy: 'All options on table' on lawmakers' $38.7B budget

Jun. 18, 2019 5:54 PM EDT

TRENTON, N.J. (AP) — New Jersey Gov. Phil Murphy said Tuesday he's keeping all options on the table, including using his veto pen, on the $38.7 billion budget that lawmakers are expected to send to him this week. Assembly and Senate committees on Monday passed the $38.7 billion spending plan and are...

Task force report finds special interests shaped tax credits

Jun. 18, 2019 5:03 PM EDT

TRENTON, N.J. (AP) — A state task force found private stakeholders, particularly those linked to an influential Democratic fundraiser and business executive in southern New Jersey, helped craft tax credits to benefit their business interests. The 75-page report by Democratic Gov. Phil Murphy's tax credit...

The Latest: Norcross says tax credit report is inaccurate

Jun. 18, 2019 4:49 PM EDT

TRENTON, N.J. (AP) — The Latest on New Jersey Gov. Phil Murphy's tax credit task force (all times local): 4:45 p.m. A Democratic political powerbroker is asking lawmakers for a chance to clear what he called the "clouds of suspicion" surrounding him and firms tied to him in light of a critical task force...

Kansas faces future budget woes even with a revenue surplus

Jun. 18, 2019 2:31 PM EDT

TOPEKA, Kan. (AP) — Kansas' tax collections have beaten expectations nearly every month for the past two years and the state expects to end June with close to $1 billion in cash reserves, but the budget problems that followed a former governor's notorious tax-cutting experiment aren't necessarily a thing...

Governor vetoes $100M private schools bill in Pennsylvania

Jun. 18, 2019 11:04 AM EDT

HARRISBURG, Pa. (AP) — Gov. Tom Wolf is vetoing budget-season legislation to substantially ramp up taxpayer support for private and religious schools in Pennsylvania. In Wolf's veto message Tuesday, he questioned why Pennsylvania should expand a tax credit that subsidizes private institutions while the...

Senate budget proposal includes 17% tax on vaping products

Jun. 18, 2019 5:25 AM EDT

COLUMBUS, Ohio (AP) — A proposal in the Senate version of Ohio's two-year budget would place a 17% tax on the invoice price of vaping products. Senate Finance Chairman Matt Dolan, a Republican from Chagrin Falls, says he's concerned that vaping has filled a niche in Ohio that is attracting teens. Gongwer...

Judge rejects Norcross effort to block tax credit report

Jun. 17, 2019 9:55 PM EDT

TRENTON, N.J. (AP) — Shortly after a New Jersey judge ruled Monday that a report from Gov. Phil Murphy's business tax incentive task force is in the public interest, rejecting political powerbroker George Norcross' request to block its publication, the panel published its findings. The governor's task...

California lawmakers negotiate new business, phone taxes

Jun. 17, 2019 9:54 PM EDT

SACRAMENTO, Calif. (AP) — California lawmakers are negotiating a pair of proposed tax increases as the deadline approaches for Democratic Gov. Gavin Newsom to sign a $214.8 billion operating budget. Lawmakers approved the budget bill last week, but lawmakers still must pass more than a dozen "trailer...