LexisNexis® Legal Newsroom
Conflict-of-Interest Concerns in California Bond Market

A report issued last month by California's state auditor has raised questions about whether conflict of interest laws were broken by two of the state's largest issuers of municipal debt. The audit's findings, though inconclusive, cast suspicion on the practices of two joint powers authorities...

State Net Capitol Journal – October 15, 2012

Budget & Taxes HARRISBURG HEARINGS REVEAL FISCAL PROBLEMS BUT NOT CONSENSUS: Six hours of testimony this month failed to produce any consensus on what caused the financial crisis that has gripped Pennsylvania's capital city. But the first of two days of state Senate hearings into the decisions...

State Net Capitol Journal – October 15, 2012

Budget & Taxes HARRISBURG HEARINGS REVEAL FISCAL PROBLEMS BUT NOT CONSENSUS: Six hours of testimony this month failed to produce any consensus on what caused the financial crisis that has gripped Pennsylvania's capital city. But the first of two days of state Senate hearings into the decisions...

State Net Capitol Journal – October 22, 2012

Budget & Taxes TAX DODGERS DOGGING CA: California's budget is so in the red that Gov. Jerry Brown (D) has placed a multi-billion tax measure on the state's November ballot to try to avoid having to make deep cuts to education and public safety funding. But one reason the state is in such...

State Net Capitol Journal – October 22, 2012

Budget & Taxes TAX DODGERS DOGGING CA: California's budget is so in the red that Gov. Jerry Brown (D) has placed a multi-billion tax measure on the state's November ballot to try to avoid having to make deep cuts to education and public safety funding. But one reason the state is in...

State Net Capitol Journal – December 3, 2012

Budget & Taxes 'CYBER MONDAY' SPURS PUSH FOR ONLINE SALES TAX: By most accounts, "Cyber Monday," was a good day for online retailers. Adobe Systems Inc. said Cyber Monday sales, based on data from retailers like Best Buy Co. and Wal-Mart Stores Inc., jumped 17 percent to almost...

State Net Capitol Journal – December 3, 2012

Budget & Taxes 'CYBER MONDAY' SPURS PUSH FOR ONLINE SALES TAX: By most accounts, "Cyber Monday," was a good day for online retailers. Adobe Systems Inc. said Cyber Monday sales, based on data from retailers like Best Buy Co. and Wal-Mart Stores Inc., jumped 17 percent to almost...

State Net Capitol Journal – March 16, 2015; States Consider Taxing Non-Profits

Budget & Taxes States Consider Taxing Non-Profits Under Maine Gov. Paul LePage’s (R) proposed budget, nonprofits in the state would lose their exemption from local property taxes. LePage’s plan is to lower the state income tax from 7.95 percent to 5.75 percent and raise the sales...