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Healthcare State Budgets State and Local Government

McDermott Will & Emery

New York State Budget Institutes Revenue-Neutral Health Plan Tax

The New York State fiscal year 2024 – 2025 budget was signed on April 20, 2024, instituting, among many other provisions, a new tax on health plans, including insurers and managed care organizations. This tax has been...more

Baker Donelson

The 113th Tennessee General Assembly Adjourns Sine Die – Highlighted Overview

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The 113th Tennessee General Assembly adjourned sine die on April 25, 2024. The session was dominated by debate over the size and scope of the $1.6 billion legislative fix to the state franchise tax that naturally dashed plans...more

Cozen O'Connor

New York State Passes FY25 Budget

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This weekend, state lawmakers passed the $237B FY25 state budget, reflecting an increase of $8B from FY24. The budget was passed more than two weeks after the deadline of April 1, and will be retroactively in effect from...more

Cozen O'Connor

FY25 New York State Budget Update

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Monday evening, Governor Hochul announced the “parameters of a conceptual agreement” on the budget. Some highlights of the announced $237B budget are below: Housing - •NYC - •New 485-a incentive to build housing and...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - March 2024 #3

Where is the Governor’s Supplemental Budget? With legislators racing toward the first and second bill deadline on March 22, the Walz Administration spent the week behind closed doors putting the finishing touches on its...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Post-Legislative Session Report

On Friday, Florida legislators officially concluded the 2024 Regular Legislative Session. Prior to the symbolic drop of the hanky to signify the end of this year’s session, lawmakers were able to pass a balanced state budget...more

Manatt, Phelps & Phillips, LLP

Executive Summary: New York State Fiscal Year 2024-2025 Budget

On January 16, New York Governor Kathy Hochul released her State Fiscal Year (SFY) 2024-25 Executive Budget, her third since assuming office in August 2021. Addresses by Governor Hochul and Budget Director Blake Washington...more

Brooks Pierce

Brooks Pierce Capital Dispatch: What Businesses Need to Know About the 2023 North Carolina Legislative Session

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The North Carolina General Assembly left Raleigh on October 25 after enacting a biennial two-year budget and acting on bills on a variety of topics. Legislators are scheduled to return for next year’s session starting April...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Budget Bill to Become Law, Legislators Consider Other Bills

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After weeks of negotiations, legislators on Friday passed the budget bill and sent it to Gov. Roy Cooper, who indicated he will let it become law without his signature. In addition, members this week acted on bills on a...more

Shumaker, Loop & Kendrick, LLP

Florida FY 23-24 Budget Approved by Governor Ron DeSantis

Yesterday, Governor Ron DeSantis signed Florida’s budget for Fiscal Year 2023-2024 into law. The state spending plan, dubbed the Framework for Freedom Budget, allocates a total of $116.5 billion across Florida agencies to...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Budget Negotiations Continuing, Sports Wagering Bill Likely to Become Law

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Legislators this week continued budget negotiations and acted on various bills. Budget Negotiations - Now that both chambers have passed a version of the budget bill (H 259), negotiators are working on a budget...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Budget Negotiations Begin, Sports Wagering Bill Advances

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Legislators this week began to negotiate on the budget bill and acted on various other bills. Budget Negotiations - As expected, the House on Wednesday voted not to concur in the Senate version of the budget bill (H...more

Manatt, Phelps & Phillips, LLP

Governor Newsom’s May Budget Proposal Urges Fiscal Prudence in Uncertain Times

California Governor Gavin Newsom has unveiled his May Revision to his January $297 billion spending proposal for FY2023-24. His new proposal totals $307 billion and addresses a projected $31.5 billion deficit, a $9 billion...more

Rivkin Radler LLP

NY Enacts Scaled-Back Version of Hochul’s Health Care Transactions Proposal

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Following extended New York State budget negotiations, lawmakers have enacted a significantly modified version of Governor Hochul’s proposed health care transaction review bill. The bill, as originally proposed, included a...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Senate Starts Budget Work, Numerous Bills Considered

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Senators began working on the budget bill this week and members considered bills on many topics. Given the approach of the May 4 crossover deadline (the date by which policy bills must pass one chamber to remain eligible),...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Governor Signs Medicaid Expansion Bill, House Releases Budget Bill

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Gov. Roy Cooper this week signed the health care bill that could expand Medicaid coverage, the House released its budget bill, and the House passed the sports wagering bill. Medicaid Expansion - Gov. Cooper on Monday...more

Moore & Van Allen PLLC

MVA Monitor - March 2023 #2

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The week of March 6-10, Governor Roy Cooper delivered the State of the State Address on Monday, March 6, to a joint session of the North Carolina General Assembly. The Republican response was given by Lieutenant Governor...more

Dentons

Iowa General Assembly – Legislative Session Week 9

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Post-funnel, the legislature’s focus narrowed to the bills that are still “alive.” Only legislation that has been voted out of committee in its chamber of origin is eligible for further consideration. As we noted last week,...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Legislators Announce Medicaid Expansion Deal

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Legislative leaders this week announced an agreement on Medicaid expansion in addition to continuing work on the state budget bill and considering other bills. Medicaid Expansion - If enacted, the agreement to expand...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Legislators Begin to Act on Bills

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Legislators this week began work on the budget bill and acted on a variety of bills. Budget Work - As a first step in the 2023 budget bill process, legislators this week met jointly in Appropriations Committee...more

Moore & Van Allen PLLC

MVA Monitor - January 2023

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The North Carolina General Assembly had its ceremonial opening on Wednesday, January 11, 2023. Lawmakers are expected to return to the Capitol on Wednesday, January 25 to begin the 2023-24 biennium....more

Manatt, Phelps & Phillips, LLP

California State Budget Update

Governor Gavin Newsom, Assembly Speaker Anthony Rendon and Senate President Toni Atkins have reached agreement on a more than $300 billion “budget framework” for the state’s 2022–23 budget. The full Legislature must approve...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Updates from the NC General Assembly and Governor’s Office - June 2022 #3

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Legislators continued work on the budget bill this week and considered other bills on various topics. Although the end of the 2022 session may be a few weeks away, it is uncertain whether bills on a number of notable topics...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Updates from the NC General Assembly and Governor’s Office - June 2022

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This week, the Senate passed some notable bills while both chambers continued work on the budget bill behind closed doors. Senate Health Care Bill - The Senate this week passed a health care bill (H 149) that would...more

Manatt, Phelps & Phillips, LLP

New York State SFY23 Executive Budget Health Focus Highlights

On January 18, 2022, Governor Kathy Hochul released her budget proposal for State Fiscal Year 2023. While record-breaking in its size—totaling $216.3 billion—and inclusive of many investments in Medicaid and health care more...more

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