Preliminary State Budget and Tax Actions 2006

Published 2006

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Introduction

Each summer, the National Conference of State Legislatures’ Fiscal Affairs Program surveys members of the National Association of Legislative Fiscal Offices (NALFO) for information on state budget and tax actions taken in their most recently completed legislative sessions. This year’s survey covers fiscal years (FY) 20061 and 2007. In most states, FY 2006 budget data are based on estimates and FY 2007 budget and tax data are based on projections. Forty-nine states provided overall budget information for this report.2 Forty-four states provided tax information.3

This was a particularly busy year on the fiscal front. Although six states—Arkansas, Montana, Nevada, North Dakota, Oregon and Texas—were not scheduled to meet in regular sessions in 2006, three held special sessions to address school finance issues. Of the 44 states that held regular sessions, five came back in special sessions to address budget or tax issues. This report captures the budget and tax highlights from 2006 regular and special sessions.

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