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In the hunt for new revenue, two Southeast governors made proposals that could signal the revival of a taxing mechanism that was widespread in the pre-World War II era.
April 5 - West Virginia
Saying lawmakers have failed to offer alternatives to address West Virginias $500 million budget gap, Gov. Jim Justice revised his fiscal 2018 budget to propose new taxes on sugary sodas, cigarettes, and wealthy state residents.
February 28 - West Virginia
Saying he is responding to a recent rating downgrade by Moody's Investors Service, West Virginia Gov. Jim Justice is seeking legislation that would allow him to furlough state employees to reduce spending.
February 24 - West Virginia
West Virginia Gov. Jim Justice said state officials failed to address budget problems that would have staved off a downgrade of the states GO bond rating to Aa2 by Moody's Investors Service.
February 22 -
West Virginia Gov. Jim Justice wants a higher gasoline tax to support up to $2.8 billion of road bonds.
February 14 - West Virginia
West Virginia has been downgraded for the second time in four months amid the ongoing decline in the coal industry that underpins the states economy, as Fitch Ratings lowered the states GOs to AA from AA-plus.
September 27 -
West Virginia will lose $85 million of revenues per year if tolls are removed from states turnpike in 2019.
September 21 -
West Virginias attorney general has reached settlements totaling $1.28 million with four firms in a lawsuit that alleged they engaged in bid rigging and price fixing for municipal investments, the latest action in federal and state investigations of bid rigging in the muni market that stretch back more than ten years.
August 31 - Kentucky
Southeast issuers sold $37.63 billion of municipal bonds in the first half of 2016, a decline of 10.9% from the same period last year, even as new money deals increased.
August 24 - West Virginia
West Virginia has passed a law giving the governor the power to pay debt service if a budget has not been enacted on time.
July 19