Recently, Kansas legislative leaders extended a formal invitation to the National Football League team, the Kansas City Chiefs, to consider relocating to Kansas. In a letter released to the public, Senate President Ty Masterson and House Speaker Dan Hawkins invited Chiefs Chairman and CEO Clark Hunt to participate in discussions during a special legislative session.
Politics
In a surprising turn of events, Puerto Rico will have a new governor next year as Resident Commissioner Jenniffer González Colón upset Gov. Pedro Pierluisi in the race for the New Progressive Party nomination for governor. This outcome shocked many, as polls had previously shown Pierluisi ahead of González Colón. With about 80% of the
The tax measure backed by Sen. Scott Wiener and Sen. Aisha Wahab to provide funding for San Francisco regional transit providers, including the Bay Area Rapid Transit District, was recently pulled amid opposition. The bill, known as Senate Bill 1031, was approved in the Senate with a vote of 26-10 on May 31. However, the
Maryland recently faced a setback as Moody’s changed its outlook on the state’s credit rating to negative from stable. This decision was primarily driven by the depletion of the state’s general fund surplus, which raised concerns about future structural imbalances. Despite affirming the state’s issuer and general obligation bond ratings at Aaa, Moody’s pointed out
Oregon economists recently released their June forecast, predicting a 50-50 chance that residents of the state will receive a kicker tax credit in 2026. This credit is triggered when personal income taxes come in at least 2% higher than initial forecasts. The quarterly Oregon Economic and Revenue Forecast reported that collections on April personal income
The Washington, D.C., City Council is proposing the elimination of the tax exemption on interest on out-of-state municipal bonds. This measure is intended to raise revenue, but it is facing opposition from Mayor Muriel Bowser. The mayor has made it clear that she does not support additional tax hikes beyond what was proposed in her
The latest Water Resources Development Act has made significant strides in advancing a pilot public-private partnership program that was first proposed by the Army Corps of Engineers a decade ago. The WRDA of 2024 sets forth requirements for the Corps to develop a best-practices guide for P3 projects and report to Congress on alternative project
A recent tax measure proposed to provide funding for the San Francisco Bay Area Rapid Transit system faces strong local opposition that could derail its progress before it even reaches the ballot in 2026. Senate Bill 1031, introduced by Sen. Scott Wiener and Sen. Aisha Wahab, passed the California Senate by a vote of 26-10
Over the last decade, there has been a significant shift in public support for the implementation of a per-mile user fee as a way to replace or supplement the declining gas tax. According to a recent survey conducted by the Mineta Transportation Institute, the backing for a flat-rate mileage fee has increased from 22% in
The recent announcement by Comptroller Brad Lander regarding the NYC Employees’ Retirement System investing up to $60 million in affordable housing units has stirred up mixed emotions. While Lander emphasized the positive impact this investment would have on preserving over 35,000 units, there is still lingering skepticism due to the circumstances surrounding Signature Bank’s collapse.