Page 36 - State Budgets News Today

Missouri residents who file income taxes would be eligible for a tax break under a new Republican proposal. The House Budget Committee approved the measure Tuesday. The bill now heads

SPRINGFIELD, Ill. (AP) — Gov. J.B. Pritzker on Tuesday signed into law a state budget that aims to soften the blow of inflation with $1.8 billion in tax breaks and direct payments to Illinois consumers, an outline Republicans derided as an election-year ploy.

JACKSON, Miss. (AP) — Scratch-off cards and other games of chance have put more than $95 million into the Mississippi budget since July.

In spring 2020, state and local governments were confronted with cascading costs in managing the public health response ...

BOSTON (AP) — Democratic leaders in the Massachusetts House released a nearly $50 billion state budget proposal Wednesday that would increase spending on areas like schools and local aid while sidestepping a series of tax breaks pushed by Republican Gov.

New York’s $220 billion fiscal 2023 budget focuses on environmental and social issues while staying in balance with federal aid and projection-beating revenue.

LINCOLN, Neb. (AP) — Nebraska Gov. Pete Ricketts signed off on a $900 million property and income tax cut package Wednesday. Ricketts said the bill will provide nearly $1 billion in annual tax relief once it is fully implemented.

Using a surplus to build reserve levels was key for the outlook change, the rating agency said.

Flush with tax revenues and federal aid, many U.S. states are increasing support for free college programs

Legislative backers of the fiscal 2023 budget approved over the weekend with Gov. J.B. Pritzker's blessing believe it will draw more positive rating actions.