State & Local
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February 18, 2026
NY Bill Would Allow Low-THC Drinks In Liquor Stores
A new bill introduced in the New York State Legislature would permit alcohol retailers to sell low-potency cannabis-infused beverages with up to 5 milligrams of THC and impose a new tax on their sale.
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February 18, 2026
Advanced Manufacturing Tax Breaks Pitched To Ore. Panel
Legislation to expand Oregon tax incentives for semiconductor makers and other advanced technology businesses would help revitalize the state's manufacturing sector, supporters of the bill told a Senate panel Wednesday, as some agricultural interests and others opposed the measure.
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February 18, 2026
Colo. Bill Proposes Decoupling From Corp. Tax Breaks
Colorado would decouple from corporate tax deductions allowed at the federal level after the passage of last summer's budget law under a bill presented to the state's General Assembly.
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February 18, 2026
Tax Group Of The Year: Eversheds Sutherland
Eversheds Sutherland's tax practice advised on key deals in 2025, guiding Duke Energy in securing $20 million in investment credits and aiding Verizon in avoiding $12 million in corporate franchise taxes, earning it a spot among the 2025 Law360 Tax Groups of the Year.
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February 18, 2026
Colo. Bill Would End Software Sales Tax Exemption
Colorado would no longer exempt downloaded software sales from the state's sales and use tax under a bill introduced in the state General Assembly.
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February 18, 2026
NJ Gov.'s Transition Panel Floats Tax Amnesty Programs
New Jersey Gov. Mikie Sherrill should consider offering a tax amnesty program and increasing the state tax agency's enforcement capacity, a transition advisory panel recommended Wednesday.
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February 18, 2026
Ore. Senate Panel OKs Estate Tax Threshold Boost
Oregon would boost its estate tax threshold from $1 million to $2.5 million, with a higher top tax rate, under legislation approved Wednesday by a state Senate committee.
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February 18, 2026
SD Repeals Bad-Debt Modifications For Bank Franchise Tax
South Dakota will require that certain capital losses be added to banks' taxable income under a bill repealing some bad-debt modifications that was signed by the governor.
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February 18, 2026
Colo. House Bill Would Limit High-Earner Tax Break
Colorado would end deductions for some corporate executive salaries and limit the period that businesses could carry forward net operating losses under a bill introduced in the state House of Representatives.
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February 18, 2026
Hawaii Committees Advance Combined Reporting Bill
Hawaii would mandate worldwide combined reporting under a bill recommended to be passed by two Senate committees.
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February 18, 2026
SD Updates Fed. Conformity For Property, Bank, Sales Taxes
South Dakota updated its conformity with the Internal Revenue Code for various property tax, bank franchise tax and sales tax statutes under a bill signed by the governor.
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February 18, 2026
Hawaii Panel Advances Net Capital Gain Tax Increase
Hawaii would increase its tax on net capital gains under a bill referred by a committee in the state House of Representatives.
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February 18, 2026
NJ Tax Revenue Through Jan. $969M Higher Than Last Year
New Jersey's revenues from July through January were $969 million ahead of last year, according to the state Division of Taxation.
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February 17, 2026
Wash. Governor Demands Changes To Millionaires' Tax Bill
A proposal for a nearly 10% tax on income above $1 million that has passed the Washington state Senate is a good start, but it needs significant changes before it gets his signature, Democratic Gov. Bob Ferguson said Tuesday.
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February 17, 2026
Head of DC's Tax Agency Named MTC Executive Director
The Multistate Tax Commission named a deputy chief financial officer for Washington, D.C., as the group's next executive director Tuesday.
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February 17, 2026
County's Tourism Tax Use Was Reasonable, NC Justices Told
Counsel for a coastal North Carolina county told the state's Supreme Court justices Tuesday that commissioners' decision to spend occupancy tax dollars on public safety and infrastructure wasn't arbitrary and capricious, while opining that buying carnival equipment for their own pleasure might be.
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February 17, 2026
NYC's Mamdani Pitches Property Tax Hike As Backup Plan
New York City would hike property taxes by $3.7 billion to help close a $5.4 billion budget gap if state lawmakers don't permit the city to raise income taxes under a preliminary budget plan that Mayor Zohran Mamdani unveiled Tuesday.
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February 17, 2026
Minn. Justices Urged To Uphold Hilton Valuation Cuts
A county assessor overvalued a Minneapolis Hilton hotel and convention center, the property owner told Minnesota's justices, urging the high court to uphold the state tax court's proper valuation.
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February 17, 2026
NYC Dept. Rules Co-Op Sales Get Lower Transfer Tax Rate
An owner's sale of shares of two New York City apartment units in the same building to the same purchaser are treated as sales of individual cooperative units that are subject to a reduced transfer tax rate, the city's Department of Finance said in a letter ruling.
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February 17, 2026
Energy Co. Loses $8M Refund Appeal In Mich. Sourcing Fight
An energy company's wholesale sales were correctly sourced to Michigan, a state appeals court affirmed Tuesday, denying the company's request for an $8 million income tax refund.
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February 17, 2026
NY Tax Collections Through Jan. Up $6.84B From Last Year
New York's tax collections from April through January outpaced the same period last year by $6.84 billion, according to the state Department of Taxation and Finance.
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February 17, 2026
Minn. House Bill Seeks Task Force On Property Tax Increases
Minnesota would establish a task force to investigate the causes of property tax increases and improve local government transparency under legislation introduced Tuesday in the state House.
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February 17, 2026
Va. General Revenue Collection Through January Up $1.18B
Virginia's general fund revenue from July through January beat collections made during the same period last year by $1.18 billion.
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February 17, 2026
Ill. Revenue Through Jan. Beats Budget Forecast By $206M
Illinois' general fund revenue collection from July through January was $206 million more than estimated, according to the Governor's Office of Management and Budget.
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February 17, 2026
Ore. Proposed Ballot Measure Seeks Tax On 'Very Rich'
Oregon would impose a 2% tax on assets of wealthy taxpayers under a measure proposed for the November ballot with a draft title released by the state elections division and now open for public comment.
Expert Analysis
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Litigation Funding Disclosure Debate: Strategy Considerations
In the ongoing debate over whether courts should require disclosure of litigation funding, funders and plaintiffs tend to argue against such mandates, but voluntarily disclosing limited details about a funding arrangement can actually confer certain benefits to plaintiffs in some scenarios, say Andrew Stulce and Marc Cavan at Longford Capital.
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Open Season On A Department Of Revenue: SALT In Review
From a Kentucky proposal that would put the state's tax staffers in the crosshairs to yet another call to exempt tips from tax, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
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5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.
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Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.
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Bad Ideas From Coast To Coast: SALT In Review
From calls for higher taxes in Washington state to New Jersey's tax credits for Netflix, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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No, Litigation Funders Are Not 'Fleeing' The District Of Del.
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.
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5 E-Discovery Predictions For 2025 And Beyond
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.
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Illinois Banking Brief: All The Notable Legal Updates In Q4
While the last quarter of 2024 didn't bring any notable state financial legislation, Illinois banks did see developments in the challenge to the Interchange Fee Prohibition Act, and received some awaited guidance on credit line disclosures and bank-fintech relationships, say attorneys at Dykema.
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7 Ways 2nd Trump Administration May Affect Partner Hiring
President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.
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E-Discovery Quarterly: Rulings On Custodian Selection
Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.
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Exploring Venue Strategy For Trump-Era Regulatory Litigation
Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.