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Federal and County Relations
In addition to Housing and Urban Development Continuum of Care grants, officials encouraged more state, local and private funding.
“Do we have the clout we once had?" said the executive director of the U.S. Conference of Mayors. "That’s a very difficult question."
On a 227-203 party-line vote, the House on Tuesday passed a far-reaching, $1.5 trillion revision of the tax code, cutting rates for corporations, small businesses and individuals.
, The Atlantic
Hepatitis A and tax reform are more intertwined than you might think.
An earlier House-approved version of the legislation would have exposed some public pension investments to federal taxation.
Here's a rundown of some of the major provisions that have implications for state and local governments.
Property, income and sales taxes would be covered under the emerging plan, which would differ sharply from current law.
But Republican negotiators in the House and Senate were mum Tuesday on specifics that could affect states and localities.
GOP leaders in the House and Senate have voiced an openness to including a limited deduction for state and local income taxes as they move toward finalizing their tax code rewrite.
An adviser to the president last week offered an update on the Trump administration's forthcoming infrastructure plan.
The legislation passed 51-49, without Democratic support. One credit rating agency described the bill as "negative overall for state and local government finances."
The state and local tax deduction remains a marquee item. But there are also notable amendments filed involving tax credits, marijuana and municipal bonds.
Sen. Susan Collins is proposing to change state and local tax deduction provisions in the bill to mirror House legislation.
GOP tax legislation in the Senate could get a floor vote before the end of the week.
“It's a huge burden,” the executive director of the National Conference on Public Employee Retirement Systems said as he discussed the tax proposal.
But there aren’t huge boosts in the appropriations proposal either for programs that are significant for states and localities.
Whether representing a booming urban center, a ritzy suburb, a steel town struggling for growth, or an overtaxed collar county of Chicago, local officials are concerned about the GOP tax plan.
An adviser to the president offered insight Wednesday into the White House strategy for places with distressed economies.
Affordable housing advocates endorsed the changes. But they also continued to voice worries about the fate of private activity bonds.
Republicans in the chamber unveiled a tax overhaul proposal that deviates from House legislation in other areas as well.
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