Business Activity Taxes
Governors Oppose House BAT Bill |
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| A blow to federalism, legislation is unfair to states, businesses. |
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Saying it would discriminate against local business, impose severe revenue losses for already cash-strapped states, and set back more than 225 years of federalist principles, the nation's governors strongly oppose the so-called 'Business Activity Tax Simplification Act.'
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Fiscal Survey of States
Potholes Remain on States' Road to Recovery |
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| Signs of Fragile Recovery Are There, but Tough Times Still Ahead, New Study Says |
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While the national economy shows signs of improvement, states still face an uphill battle to recover from the worst fiscal crisis in the last 60 years, according to a survey released here today by the National Governors Association and the National Association of State Budget Officers (NASBO).
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Internet Tax
House Should Accept Senate's Internet Tax Bill |
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| Governors applaud Senate for passing a four-year extension to the Internet tax moratorium. |
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Led by a group of former governors, senators adapted changes to extend the moratorium on Internet access taxes without depriving state and local governments of more than $11 billion in existing annual revenue. By a vote of 93-3, the Senate voted to extend the moratorium for another four years, now the nation's governors urge the House to follow suit.
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Education
Senate Votes to Reauthorize IDEA |
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In lopsided vote, Senators agree to fully fund the Individuals with Disabilities Education Act (IDEA) for $26.1 billion by 2011, an increase of $2.2 billion per year.
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Homeland Security
Task Force: Homeland Security Funding on Right Track |
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| Task Force expected to give Secretary Ridge recommendations in June. |
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In an ongoing effort to ensure a more efficient distribution of homeland security funds to state and local first responders, the Homeland Security Funding Task Force continues to meet to examine the grant funding process.
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