Tax Changes on Multiple Legislative To-Do Lists: States of Play

May 15, 2026, 6:32 PM UTC

From property taxes to software sales, states have floated ideas or taken action this week to change the way they raise revenue.

California: Gov. Gavin Newsom (D) is proposing a new tax on cloud-based software sales that is expected to raise $1.1 billion in state and local tax revenue in the upcoming budget year and $2 billion annually after that. Read More from Eliyahu Kamisher and Andrew Oxford

Texas and Florida: Govs. Greg Abbott (R) and Ron DeSantis (R) are elevating property tax cuts as a way to address housing affordability. DeSantis is expected to call lawmakers back for a ...

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