For three years in a row, former Gov. Tom Wolf and state lawmakers tried to get their hands on surplus money held by Pennsylvania’s medical
President-elect Donald Trump made hay during the campaign with pledges to end taxes on tips and overtime pay. It’s unclear whether the proposals will gain traction in the U.S. Congress, given their potential cost.But the debate is likely to play out in Harrisburg, as well.In recent weeks, Pennsylvania lawmakers have floated proposals to eliminate state income […]
Pennsylvania may have one of the highest gas taxes in the country, but the levy is delivering shrinking returns, according to a research brief this week from the Independent Fiscal Office, a state agency monitoring budgetary and economic trends. The culprit is declining gasoline usage in the wake of the Covid-19 pandemic, which pretty much froze […]
A federal court in Texas suspended enforcement of a controversial business-reporting regulation four weeks before it was slated to take effect.In a ruling Tuesday, U.S. District Judge Amos Mazzant said the rule is “likely unconstitutional” and issued an order blocking its implementation pending further court review.Adopted under a law known as the Corporate Transparency Act, […]
Do you know who your owners are?It’s a question millions of businesses will have to answer by the end of the year under a federal law known as the Corporate Transparency Act.Enacted in 2021, the law requires corporations, LLCs, LPs and other business entities to report information about their owners and managers to a federal […]
Plenty of developers have likely wondered how cities and townships calculate the fees they charge for construction permits.Harrisburg-area developer Triple Crown Corp. took its questions all the way to Commonwealth Court, where it argued that fees charged by Lower Allen Township in Cumberland County for two apartment projects were unreasonable and unconstitutional.The case was thrown out […]
Pennsylvania is dodging a fiscal bullet thanks to a ruling handed down yesterday by the state’s highest court.At issue was a corporate taxpayer’s demand for a $2 million refund after a tax structure was declared unconstitutional.The Commonwealth Court ruled last year that the state should pay the refund. But a divided Supreme Court reversed the decision.Justices argued, […]
Gov. Josh Shapiro is hoping to ensure ambitious developers have a friend in Pennsylvania — or at least an easier time securing permits for construction.At an event in Philadelphia yesterday, the governor signed an executive order creating a transparent, fast-track permitting program for what are being described as “complex and impactful economic development and infrastructure projects.”State officials […]
Under a proposed settlement filed in court last week, the owner of an embattled Harrisburg apartment complex is agreeing to cede control of the property to an independent receiver and to convert its bankruptcy case to a liquidation.The deal, which requires court approval, would end a festering dispute between the city and the apartment owner, […]
In a ruling Friday, a Texas judge scuttled an expansion of overtime pay that took effect in July.The decision sinks a Biden administration regulation that lifted the salary threshold for determining who is eligible for overtime pay.Another increase was slated to take effect in January, but that is now off the table, pending any potential […]
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