NJ JOINS LAWSUIT AGAINST IRS

NEW JERSEY has joined CONNECTICUT and NEW YORK in a lawsuit challenging a new IRS rule barring taxpayers from circumventing the $10,000 cap on state and local tax deductions imposed by the GOP-engineered federal tax overhaul in 2017. The states allege the tax law and the IRS action disproportionately impact high-tax blue states. (NJ.COM)

19-YEAR-OLD LEAD PAINT LAWSUIT SETTLED IN CA

Sherwin-Williams Co., ConAgra Grocery Products Co. and NL Industries Inc. have agreed to pay CALIFORNIA’s largest cities and counties $305 million to settle a 19-year-old lawsuit over lead paint. The local governments sued the former lead paint suppliers in 2000, seeking billions to remove the dangerous paint from hundreds of thousands of homes, but an appeals court ruled in 2017 that the companies only had to pay to remove the paint from homes built before 1951. (ASSOCIATED PRESS, REUTERS)

WA COMMISSION TO VOTE ON MILEAGE-BASED GAS TAX REPLACEMENT

WASHINGTON state’s Transportation Commission is expected to vote at the end of the year on a proposal that would move the state toward replacing its gas tax with a mileage-based system. The current timeline calls for the commission to receive a report on the new system in October and vote on a recommendation to the state Legislature on Dec. 17. (NEWS TRIBUNE [TACOMA])

 

--Compiled by KOREY CLARK