Government taxation and revenue
Mo. infrastructure proposals fail at state Capitol
Numerous Missouri lawmakers wanted to seek voter approval to boost funding for Missouri's transportation system and pay for improvements at colleges and state facilities. Neither measure made it that far. State lawmakers wrapped up their annual session Friday without passing a proposed 1-cent sales tax for transportation or a state ...
Mo. lawmakers pass budget patch for kids' program
Legislation passed in the closing hours of Missouri's annual session Friday could patch a hole in the state budget for early childhood programs and some health care initiatives. Legislators gave final approval to two measures, each of which would order the transfer $55 million of general revenues into a newly ...
A look at Mo. legislative action during 2013
The Missouri Legislature concluded work Friday on its 2013 session. Here's a look at what passed and what failed. WHAT PASSED: ABORTION Requires a physician to be present when administering the initial dose of an abortion-inducing drug. HB400. BENEVOLENT TAX CREDITS Reinstates expiring tax credits for certain charitable donations, such ...
Analyst pegs revenue $3.2B higher than Gov. Brown
The state's independent budget analyst said Friday that California will take in $3.2 billion more in tax revenue than Gov. Jerry Brown estimated, providing Democratic lawmakers an argument to funnel more money into state programs and setting up a spending showdown with the administration. The Legislative Analyst's Office released its ...
Patrick restores some funds cut from Mass. budget
Citing improved tax collections, Gov. Deval Patrick's administration on Friday restored nearly $21 million in budget cuts, the bulk of which will go to local school districts. The funds that were restored amount to less than 10 percent of the $225 million in spending reductions that the governor ordered in ...
Tea party group says IRS asked about Walker recall
A Texas tea party group said the Internal Revenue Service asked about its involvement in verifying signatures provided in the effort to recall Republican Gov. Scott Walker, of Wisconsin. IRS officials asked for extensive information about its activities, including an explanation of its involvement with Verify the Recall, which worked ...
Mich. Senate votes to extend health claims tax
A continuation of a 1 percent tax on health insurance claims passed the state Senate Thursday, but yet to be resolved is how to ensure the levy brings in enough revenue for Medicaid, which serves 1.9 million low-income Michigan residents. The tax, which took effect nearly 17 months ago and ...
Lawmakers reach tentative property tax deal
Iowa legislators reached a compromise deal Thursday on a broad tax reduction package that includes commercial property tax cuts — a longtime priority of Gov. Terry Branstad's. Lawmakers said the tentative agreement will gradually reduce taxable assessments of commercial properties by 10 percent and provide property tax credits geared for ...
Marsh to block plan to delay school tax credits
The architect of Alabama's new private-school tax credits intends to block the governor's proposal to delay the tax breaks for two years. Senate President Pro Tem Del Marsh, R-Anniston, said Thursday the families of children trapped in failing schools need the option of school choice now. "We've worked too hard ...
Kansas budget negotiations resume
Kansas House and Senate negotiators resumed budget talks Thursday, reaching agreement on numerous issues that included authorizing the state to issue $202 million in bonding to construct a new federal research lab in Manhattan. Budget negotiations had been on hold as legislators tried to broker a deal on taxes. However, ...
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