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September 18th Constitutional Amendment |
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On September 18th, Alabama voters will decide whether to approve a constitutional amendment that will provide money to balance the state's general fund budget for the fiscal year that starts October 1. Without voter approval of the new money, that budget will be out of balance by more than $100 million. Since the law requires a balanced budget, significant cuts or new revenue would be required.
What should voters consider when making their decisions? Find out here.
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Alabama's "Remote Use Tax" Law |
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A law adopted in the recent special legislative session creates a new tax category defined as "remote use taxes." While no revenue is currently collected from this source, the potential exists for large collections for cities, counties, and the state government. Congress would have to act in order for this potential to be realized.
How much revenue potential is involved in this new tax? Read answers to this question and a detailed discussion in The PARCA Quarterly article titled The Revenue Potential of Alabama's New "Remote Use Tax" Law.
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Medicaid Reform Alternatives |
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Medicaid reform is a prominent topic of discussion for this year's Presidential election. There are two main alternatives, and we discuss how each could affect Alabama. Read more here.
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PARCA Friends on the Move |
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- PARCA Roundtable member L. Waymond Jackson, Jr. has joined the Birmingham Business Alliance as Director of Education and Workforce Development. Click here for more information.
- PARCA Roundtable alumni John O. Hudson III has been elected president of the Alabama Power Foundation and executive director of the Alabama Business Charitable Trust. Read more here.
- PARCA Roundtable alumni Leigh Davis Perry is now senior vice president and general counsel for Southern Company operations and Southern Nuclear. You can read more about Leigh and her new position here.
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