The Places Seeing Growth in the Semiconductor Sector So Far
With a major federal push underway to boost production of microchips in the U.S., a trade group for the industry highlights over 40 major projects nationwide.
How State and Local Leaders Can Address America’s Wealth Gap
COMMENTARY | The traditional method of offering incentives to corporations to help generate economic development in distressed areas has failed. It’s time to embrace a more people-centric approach called community wealth building.
What the $1.7 Trillion Spending Bill Includes for States and Localities
Congressional lawmakers fought back attempts by conservatives to delay the legislation until next year, approving billions for infrastructure, new regional technology hubs, homelessness programs and other state and local government priorities.
States and Localities Poised to Gain New Flexibility With ARPA Funds
The massive spending bill moving ahead in Congress was amended to allow for American Rescue Plan Act aid to go toward new uses, including disaster recovery and transportation infrastructure.
Here's What Was Left Out of the $1.7 Trillion Federal Spending Bill
A number of provisions state and local governments had been seeking were excluded, including renewed expansions of tax credit programs that help support low-income housing and households with kids.
Real-Time Data on What Muni Bond Investors Think of Your City
A new data tool offers a window into how investors are responding to changes affecting the financial outlook of individual governments, including trends like the rise of remote work.
Families Earning Over $100,000 Eligible for Miami-Dade Rent Relief
The county is considered one of the most expensive in the U.S. for housing. But under a newly expanded local program, households of four with incomes under $136,500 annually would qualify for emergency rental assistance.
$500M for New Tech Hubs Program Included in Federal Spending Bill
A law to promote domestic semiconductor production approved earlier this year created the regional development program, but didn’t fund it. The proposed spending would enable its launch.
Why Florida Is Coughing Up Billions to Save Its Insurance Market
The state's insurance companies are struggling to survive an onslaught of hurricanes and litigation.
The Outlook for State Budgets Heading Into 2023
Many states are on solid footing and expect to enjoy surpluses. But a couple are staring down sizable budget gaps.
Two Legislators Want to Audit Their State's Professional Sports Stadiums
They say the move would reveal the true value of the facilities and teams for taxpayers.
New State and Local Government Financial Reporting Requirements Headed to Biden’s Desk
State and local advocates opposed the provisions, which were attached to a massive defense bill and call for financial data to be standardized, searchable and machine-readable.
Should the Deadline to Spend ARPA Dollars be Extended?
Some local officials involved in managing American Rescue Plan Act aid describe a 2026 cut-off to use up all of the money as uncomfortably close.
Why a Federal Funding Deal Matters So Much for States and Localities
A full-year budget package would set spending levels for key programs and could also include important policy changes.
State and Local Governments Look to the Sales Tax to Refill Coffers
COMMENTARY | During past adverse economic cycles, the tax has often proven to be a more consistent and efficient method of funding compared to the income tax.
Permitting Revamp and Pot Banking Left Out of Must-pass Defense Bill
In brokering the National Defense Authorization Act, congressional negotiators didn’t include a controversial overhaul of environmental permitting for energy projects, or provisions to open banking to state-regulated marijuana businesses.
Congress Moving Ahead on New State and Local Government Financial Reporting Rules
The new requirements, tacked on to a must-pass defense bill, call for financial data to be standardized, machine-readable and searchable. State and local advocates argue the plan is an “unfunded mandate” that will create significant costs.
Child Care is Broken. Here’s How Governments are Trying to Fix it
From helping fund day care centers, to providing subsidies to care workers and families, states and localities are spending millions on what has become a crisis for the nation and its workforce.
The Fight to Expand the Low-income Housing Tax Credit
With the nation’s home shortage grinding on, advocates and some lawmakers want to restore, and possibly go beyond, a previous increase in the federal credits, which are key in helping finance the construction of affordable housing. But will Congress act?
Inflation Is Cutting Into States’ Big Infrastructure Windfall
The costs of road and bridge projects have increased by as much as 40%.
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