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The tax credit was sold as a key economic development tool. It’s expected to be reduced by 60%.
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Lawmakers passed Senate Bill 1507 to help the state preserve $291 million in tax revenue during the next 18 months
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SB 1511 would reduce the number of people paying the estate tax, but raise rates on those who do.
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Is Senate Bill 1507 a reckless tax hike or a sensible budget move? Lawmakers disagreed Monday.
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A new revenue forecast suggests lawmakers have about $100 million more than they’d been planning for.
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The proposal to disconnect from some pieces of H.R 1 is likely to generate friction in the brand-new session.
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Labor groups say the politicians need to take a vote that would help the state budget – but functionally raise taxes.
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As talk of a possible AI bubble grows, so does uncertainty around an important source of California tax money.
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A bipartisan bill that brought together hunters and environmental groups is returning in 2026.
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Oregon has two reserve funds meant to ensure state agencies and services remain whole and public school budgets aren’t throttled.
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It’s official: Oregon taxpayers have $1.41 billion coming back to them when they file returns next year.
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The Ashland City Council was divided on a decision to place a citizens initiative on the ballot that would require voter approval for utility fee increases.
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After years of debate, Humboldt County supervisors unanimously voted to effectively eliminate a cannabis cultivation tax.
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Labor and health care groups are collecting signatures to put a measure that would levy a one-time 5% tax on the wealth of about 200 billionaires in California.