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HTMLNorth Carolina: Governor’s Mid-Biennium Budget Adjustment Contains No New Taxes or Fees
David Ebersole, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on May 16, 2016
At the end of last month, Gov. Patrick McCrory released his recommended budget adjustments for fiscal year 2016-17, which caps total spending at $22.3 billion, a 2.8 percent increase. The recommendation contains no tax or fee increases, but expands the total savings reserve account to $1.4 billion,...

 

HTMLSouth Carolina: Department Of Revenue Seeks Public Opinion to Define Nexus-Creating Activities
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on May 10, 2016
South Carolina defines nexus as the minimum connection or contact between a taxpayer and the state that is sufficient to subject the taxpayer to the state’s tax laws.

 

HTMLIllinois: Graduated Tax Structure Proposed To Replace Flat Income Tax Rate
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on May 3, 2016
A few months ago, we described the financial situation in Illinois as one that is highly problematic. In his Jan. 27 state of the state speech, Gov. Rauner conceded that there are fewer jobs now than 15 years ago, the average working family is making less than they were eight years ago, the state...

 

HTMLHouse Schedules Hearing On International Tax Reform
McDonald Hopkins LLC;
Legal Alert/Article
February 26, 2016, previously published on February 19, 2016
House Ways and Means Committee Chairman Kevin Brady (R-TX) announced this week that the Committee will hold a hearing on Wednesday, February 24 at 10:00 AM to explore how the current global tax environment is negatively impacting our economy and American workers. They will specifically discuss...

 

HTMLPennsylvania: Gov. Wolf Delivers Bitter and Confrontational Budget Address
Chad Arfons, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
February 26, 2016, previously published on February 18, 2016
Last week, Pennsylvania’s governor Tom Wolf gave what he promised would “not be an ordinary governor’s budget address.” And indeed, he was right. His 2016-17 speech was combative, pessimistic and full of uncomfortable truths regarding the state’s fiscal affairs,...

 

HTMLMichigan: Governor’s $54.9 Billion Budget Proposal Includes Sizeable Funding to Address the Water Crisis
Chad Arfons, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
February 26, 2016, previously published on February 18, 2016
A Feb. 10, 2016 press release summarizing Gov. Rick Snyder’s fiscal year 2017 budget proposal, submitted last week, reveals that he is seeking a substantial supplemental request for the current fiscal year to help Flint get out from under the lead-in-the-water problem. Included is $30 million...

 

HTMLOhio: Two New Tax Measures Under Consideration
Chad Arfons, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
February 26, 2016, previously published on February 18, 2016
Last November, the Tax Foundation issued its 2016 State Business Climate Index. There, the authors placed Ohio at No. 42 - making it one of the ten worst performing states in the nation. (It also commended Ohio’s cut to its individual income tax, to 4.997 percent. Because this occurred after...

 

HTMLFlorida: Budget Negotiations for Fiscal Year 2016-17 Begin
Chad Arfons, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
February 24, 2016, previously published on February 11, 2016
At the end of January, the Florida House of Representatives released its budget proposal, as did the Senate. In comparing the two, the media outlet FloridaPolitics.com pointed out that both the House’s $79.9 billion version, and the Senate’s $80.9 billion version, surpassed the $79.3...

 

HTMLIs Your Municipality Ready for House Bill 5?
Jason Mosbaugh; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
February 10, 2016, previously published on January 27, 2016
While it may not have been on your mind as the clock struck midnight, the ball dropped and toasts were exchanged; the dawn of 2016 signals the dawn of a new era in Ohio Municipal Tax Policy. House Bill 5 became effective January 1, 2016.

 

HTMLHouse Passes Tax Package
McDonald Hopkins LLC;
Legal Alert/Article
December 29, 2015, previously published on December 18, 2015
On Thursday, the House passed a $622 billion tax package. The bill was passed by a wide bipartisan margin, with 77 Democrats joining 241 Republicans in voting for the measure.

 


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