Missouri- SLDC May Direct Fees from Sales Tax Exemptions to Affordable Housing

In the last three years, a new tax break has become a standard request of big developers: a sales tax exemption on construction materials. The break can save developers millions on major projects. And like other tax incentives offered through the Continue reading Missouri- SLDC May Direct Fees from Sales Tax Exemptions to Affordable Housing

Virginia- New state, local tax laws taking effect July 1, 2020

A number of new state and local tax laws will take effect on July 1, including changes to taxes on tobacco products, as well as the retail sales and use tax in one locality. Here are some of the coming Continue reading Virginia- New state, local tax laws taking effect July 1, 2020

California- Letter: No to Oxnard sales tax increase

The city of Oxnard is prepared to place a 1.5 cent sales tax increase on the November ballot. The city claims this is necessary since the coronavirus pandemic has severely hampered city revenues. In recent negotiations with the city’s unions, the Continue reading California- Letter: No to Oxnard sales tax increase

New York- COVID-19 Leads to Sharp Drop in Sales Tax Revenue

Among the budget pressures facing local governments is a sharp drop in sales tax revenue related to the coronavirus pandemic. New York State Comptroller Thomas DiNapoli said that sales tax revenue for local governments fell by more than 32% in Continue reading New York- COVID-19 Leads to Sharp Drop in Sales Tax Revenue

Washington – Land Development And Management Services Are Exempt From Sales Tax Effective June 11, 2020

Effective June 11, 2020, House Bill 2229 amends RCW 82.04.051 regarding the taxation of land development and management. This legislation: Ÿ Defines land development or management (see below). Ÿ Excludes land development or management activities from services rendered in respect Continue reading Washington – Land Development And Management Services Are Exempt From Sales Tax Effective June 11, 2020

Washington – Batteries For Electric Vessels Are Exempt Effective July 1, 2020

Effective July 1, 2020, Substitute House Bill 2486 amends RCW 82.08.966 to include a sales and use tax exemption for electric vessel marine propulsion systems that use marine batteries and shoreside battery infrastructure. Effective July 1, 2020 through July 1, Continue reading Washington – Batteries For Electric Vessels Are Exempt Effective July 1, 2020

North Dakota – Tax Revenue from Online Sales Skyrockets Amid COVID-19 Closures

North Dakota’s sales tax revenue from online retailers ballooned by a staggering 500% in April, during the worst of the pandemic closures, according to the state tax commissioner’s office. Remote sellers, or online retailers, contributed $2.9 million in sales tax Continue reading North Dakota – Tax Revenue from Online Sales Skyrockets Amid COVID-19 Closures

Wisconsin- Can’t Use Booming Online Sales Tax Revenue to Help State Budget

While Wisconsin looks to dig its way out of the financial crater of the COVID-19 pandemic, it won’t be able to tap into sales tax revenue collected from online retail, one of the only thriving sectors of the economy. That’s Continue reading Wisconsin- Can’t Use Booming Online Sales Tax Revenue to Help State Budget

California- Bay Area Polling Results Confirm: Voters Prefer Progressive Funding Sources over Sales Tax for Transportation

During this pandemic, the public transportation system is facing tremendous challenges. On top of fare shortfalls caused by an up to 90 percent decline in ridership, public transit agencies are losing revenue on sales tax, the traditional funding source for Continue reading California- Bay Area Polling Results Confirm: Voters Prefer Progressive Funding Sources over Sales Tax for Transportation

California- Redlands City Council Puts 1-Cent Sales Tax Hike on November 2020 Ballot

The Redlands City Council voted unanimously to place a measure calling for a 1-cent sales tax increase on the November 2020 ballot during its meeting on Tuesday, June 16. City Manager Charles Duggan said the increase would help reduce cuts Continue reading California- Redlands City Council Puts 1-Cent Sales Tax Hike on November 2020 Ballot