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The IRS notice warns that federal law, not state law, controls how payments for federal income tax purposes are characterized.
May 23 -
S&P Global Ratings said the Bluegrass state has become more vulnerable to fiscal stress.
May 18 -
The Fayette County School District's bonds will fund improvements to handle higher enrollment and boost a science and math program.
May 7 -
Conning is holding firm to its declining outlook on states' credit quality, though S&P sees some rays of sunshine.
May 2 -
The Legislature approved a $22 billion budget that includes line-item funding for the state’s broadband bonds.
April 16 -
The state's ratings are at risk, Fitch Ratings says, because the budget doesn't include debt service on bonds for the high-speed Internet project.
April 12 -
The Legislature's budget failed to provide debt service on some bonds, decimated reserves, and lacked full funding for core services, Gov. Matt Bevin said.
April 9 -
Kentucky lawmakers approved a $22 billion biennial budget bolstered by cuts for most state agencies, transfers and new revenue.
April 3 -
Many teachers went on strike Monday after state lawmakers approved a pay raise that represented about half of what they sought.
April 2 -
The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.
March 2