State & Local
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March 06, 2026
Taxation With Representation: Slaughter And May, Kirkland
In this week's Taxation With Representation, British insurer Beazley accepts a cash takeover offer from Zurich Insurance Group, a consortium of investors led by Blackrock's Global Infrastructure Partners and the EQT Infrastructure VI fund buys energy company AES, and private equity firm Thoma Bravo acquires third-party logistics provider WWEX.
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March 06, 2026
Ala. Horse Rehab Can't Claim Losses, Tribunal Says
An Alabama horse rehabilitation center is a hobby, not a business, and therefore not eligible for a business loss deduction, the state Tax Tribunal ruled.
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March 06, 2026
Colo. Income Tax Cap Ballot Proposals Advanced By Board
Colorado would cap its flat corporate and individual income tax rate at its current level of 4.4% under a pair of proposed ballot measures for the November election advanced by a state panel.
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March 06, 2026
Ark. Revenue Through Feb. Beats Forecast By $7M
Arkansas revenue from July through February outpaced an estimate by $7 million, according to the state Department of Finance and Administration.
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March 06, 2026
Ala. General Revenue Through Feb. Up $250M
Alabama's general fund revenue collection from October through February outpaced the same period last year by $250 million, according to the state Department of Revenue.
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March 06, 2026
Ore. Lawmakers OK Extension Of SALT Cap Workaround
Oregon would extend by two years its workaround for pass-through entities of the federal cap on deductions for state and local tax payments under legislation passed by the state lawmakers, sending it to the governor.
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March 06, 2026
Colo. House Passes Bill To Boost Mobile Home Tax Exemption
Colorado would raise its property tax exemption for mobile homes and implement other changes recommended by a state task force under legislation passed by the state House of Representatives on Friday.
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March 06, 2026
Iowa Total Receipts Through Feb. Down $100M
Iowa's general fund receipts from July through February lagged behind estimates by $100 million, according to the state Division of the Budget.
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March 05, 2026
Colo. High-Earner Tax Plans Unlawful, State Justices Told
Proposed Colorado ballot measures that would hike taxes on high earners by creating a graduated income tax and dedicate the increased revenue to specific purposes violate the state constitution, opponents told the Colorado Supreme Court, urging it to reject the $2 billion plans.
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March 05, 2026
Fla. House OKs Corp. Tax Decoupling, Other Tax Changes
Florida would decouple from many of the corporate income tax changes made in the 2025 federal budget bill, create new statewide tax exemptions and make other modifications under an omnibus bill passed Thursday by the state House.
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March 05, 2026
Md. House Bill Seeks One-Time Surtax On Billionaires
Maryland would impose a one-time surtax on billionaires, with graduated rates ranging from 3% to 6% on wealth beyond $1 billion, under legislation pitched to a state House of Delegates panel Thursday.
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March 05, 2026
Two Dozen States Sue Trump To Halt New Global Tariffs
A coalition of 24 states sued President Donald Trump's administration Thursday in the U.S. Court of International Trade to block global tariffs that the White House imposed shortly after the U.S. Supreme Court struck down an earlier round of tariffs.
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March 05, 2026
Minn. Court Barely Changes $108M Office Building Valuation
A Minnesota office building was slightly overvalued, the state tax court ruled, agreeing in part with the property owners' income approach and finding that the building's free market value was $108 million.
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March 05, 2026
SD Adds Remote Seller References For Tax Pacts With Tribes
South Dakota modified parts of the state's law governing tax collection agreements with Native American tribes to incorporate provisions that impose tax on remote sellers and marketplace providers under a bill signed by the governor.
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March 05, 2026
Texas Revenues Through Feb. Beat Last Year By $127M
Texas' general fund revenue collection from September through February was $127 million higher than the same period last year, according to the state comptroller.
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March 05, 2026
Miss. Revenues Through February Exceed Estimate By $99M
Mississippi's general fund revenue collection from July through February outpaced estimates by $99 million, according to the state Department of Revenue.
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March 05, 2026
Ore. Lawmakers Approve $1M Tax Break For New Banks
Banks starting business in Oregon would be eligible for tax credits worth up to $1 million over four years under legislation passed by lawmakers and heading to the governor.
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March 05, 2026
W.Va. Revenue Through Feb. Tops Forecast By $159M
West Virginia's general revenue collection from July through February beat an estimate by $159 million, according to the state Department of Revenue.
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March 05, 2026
Minn. Panel OKs Extending SALT Cap Workaround For PTEs
Minnesota would extend its workaround for pass-through entities of the federal cap on deductions for state and local tax payments under legislation recommended for passage Thursday by the Senate Taxes Committee.
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March 05, 2026
Ore. Lawmakers Pass Lodging Tax Hike
Oregon would raise its lodging tax rate and put the new revenue toward natural resource programs, including a compensation fund for losses caused by wolves, under legislation approved by lawmakers.
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March 05, 2026
Ore. Lawmakers OK Clarification Of Tax Court Representation
Oregon would clarify and consolidate its laws on representation of taxpayers before the magistrate division of the state tax court under legislation passed by lawmakers and headed to the governor.
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March 04, 2026
IRS Chief Says '26 Tax Filing Season Running Smoothly
The 2026 tax filing season is progressing smoothly, with about 55 million returns already submitted and taxpayers receiving refunds averaging $775 higher than last year, the Internal Revenue Service said Wednesday.
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March 04, 2026
Wis. Regs Clarify Tax Exemption For Commercial Loan Income
Wisconsin clarified an income tax exemption that financial institutions may claim for income derived from qualifying commercial loans under a regulatory order filed by the state Department of Revenue.
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March 04, 2026
Ohio Lawmakers OK Updating Conformity To Fed. Tax Code
Ohio would immediately update its conformity to the federal tax code under a bill given final passage Wednesday by the state Senate that would largely follow federal tax breaks enacted last year.
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March 04, 2026
Ariz. Justices OK Manufacturing Tax Break For Launderer
An Arizona company that rents and launders textiles for the healthcare industry qualifies as a manufacturing or processing operation for purposes of a use tax exemption, the state Supreme Court ruled, reversing a lower court.
Expert Analysis
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Adapting To Private Practice: From US Rep. To Boutique Firm
My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.
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Senate's 41% Litigation Finance Tax Would Hurt Legal System
The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.
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Del. Dispatch: General Partner Discretion In Valuing Incentives
In Walker v. FRP Investors, the Delaware Court of Chancery recently held that the general partner of a limited partnership breached its obligations when determining the threshold value of newly issued incentive units, highlighting the court's willingness to reconstruct what a reasonable determination of value by a general partner should have been, say attorneys at Fried Frank.
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Move Beyond Surface-Level Edits To Master Legal Writing
Recent instances in which attorneys filed briefs containing artificial intelligence hallucinations offer a stark reminder that effective revision isn’t just about superficial details like grammar — it requires attorneys to critically engage with their writing and analyze their rhetorical choices, says Ivy Grey at WordRake.
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9th Circ. Has Muddied Waters Of Article III Pleading Standard
District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.
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One Singular, Sensible Rate: SALT In Review
From Ohio's move toward a flat income tax to a New York City mayoral candidate's proposal to fund expanded public benefits, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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How AI May Reshape The Future Of Adjudication
As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.
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When Legal Advocacy Crosses The Line Into Incivility
As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.
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Attacks On Judicial Independence Tend To Manifest In 3 Ways
Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.
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Section 899 Could Be A Costly Tax Shift For US Borrowers
Intended to deter foreign governments from applying unfair taxes to U.S. companies, the proposal adding new Section 899 to the Internal Revenue Code would more likely increase tax burdens on U.S. borrowers than non-U.S. lenders unless Congress limits its scope, says Michael Bolotin at Debevoise.
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Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use
The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.
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Del. Corporate Law Rework May Not Stem M&A Challenges
While Delaware's S.B. 21 introduced significant changes regarding controllers and conflicted transactions by limiting what counts as a controlling stake and improving safe harbors, which would seem to narrow the opportunities to challenge a transaction as conflicted, plaintiffs bringing shareholder derivative claims may merely become more resourceful in asserting them, say attorneys at Debevoise.
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In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.