‘Opportunity Zones’ Rules Help Bring Program Into Sharper Focus

Proponents of the initiative believe it could attract billions of dollars of new investment to struggling communities.

Marijuana Retail Sales See Biggest Month to Date in Colorado

But experts caution pot tax revenue doesn’t necessarily solve state budget problems.

Study Shows Why State Pension Plans May Want to Avoid External Asset Management

STATE AND LOCAL ROUNDUP | Rare polio-like disease spreads to 22 states … Tornado Alley’s eastward shift … and disaster unemployment insurance in Florida.

Signs of Strong Interest in ‘Opportunity Zones,’ as Investors Await Regulations

“The number of dollars that are flooding to the space right now, far outpace the pace that we can actually deploy that capital responsibly,” says an executive at one investment firm.

As Sears Declares Bankruptcy, Sites of Shuttered Stores Present Economic Development Challenges

STATE AND LOCAL ROUNDUP | Minnesota data breach … Fresno officials scoff at proposed e-scooter fines … and N.Y.C. pension funds warm up to de Blasio divestment plan.

'Opportunity Zones' on Agenda for Trump, Kanye West Meeting

The new economic development program is of interest to state and local leaders.

Use of State Education Savings Plans Rising—Along With Revenue Impact

Trend that started before the 529 program’s 2017 expansion could affect federal and state costs

The Soybean-Producing States at Risk in the Trade War With China

Much of the nation’s exported soybeans went to China last year. Production is concentrated in a handful of states.

Should Congress Regulate Online Sports Betting?

The NFL is throwing its weight behind a federal framework, while the gaming industry blamed “burdensome” taxes and laws for the allure of illegal sports books.

Lawsuit Will Test State Plan to Shift Retiree Drug Coverage to Medicare

Maryland enacted changes to save billions of dollars on health care coverage for retired public employees. But a rollback of prescription drug benefits has led to a court challenge.

Deficit Laden Federal Finances Stir Uncertainty for Future State Aid

Low Federal Reserve interest rates are a concern as well when it comes to how the nation will respond to the next recession.

State Lawmakers to Congress: Butt Out of Online Sales Taxes

The National Conference of State Legislatures is asking leaders on Capitol Hill to refrain from legislating around the recent South Dakota v. Wayfair, Inc. Supreme Court decision.

Lawmaker Wants to Get ‘Fake Revenue’ Out of His State’s Budgeting Process

Pennsylvania state Rep. Seth Grove is pushing for consensus budget forecasting.

An Important Pension Lesson: Why You Shouldn’t Use ‘Discount Rate’ and ‘Investment Rate’ Interchangeably

COMMENTARY | New Jersey’s former state comptroller and budget director discusses why pension rules for the discount rate are confusing, not comparable and troubling.

The States That Could Be Derailed By an Economic Downturn

New research shows that some states have improved their ability to cope with a recession. Others remain less prepared.

In Tax-Free States, Businesses Squirm at Collecting Online Sales Taxes for Others

Many states are looking at how they can tax more online sales. But for states that don't collect sales tax, the issue is different.