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State Tax Expenditures and Incentives

This policy brief aims to provide state policymakers with a foundational understanding of tax expenditures and incentives, highlighting the methodologies and criteria used in the evaluation of economic development incentives. It will explore key concepts and definitions, assess state policies through categorization, and discuss the trade-offs involved in designing effective incentive structures.
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FY 2026 State Budget Status

This page tracks the status of FY 2026 state budgets as they are passed by state legislatures and signed by governors.
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States Examine Emerging Fiscal Risks, Plan for the Future

In May, NCSL hosted legislators and legislative staff from eight states in Denver for the 2025 New and Emerging Fiscal Risks Meeting. Attendees discussed pressing budget challenges and the tools states are using to navigate fiscal uncertainty.

State Legislatures News

Earned Income Tax Credit Overview

Overview of state and federal earned income tax credits, including recently enacted legislation. EITC is a tax credit that reduces the amount of federal income tax owed and is refundable if the tax filer's credit is larger than their tax liability.
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State Tax Incentive Evaluations Database

To illustrate what sort of evaluations states are conducting, NCSL, along with the support of The Pew Charitable Trusts, created a database of state tax incentive evaluations that allows users to search for state evaluations by analysis topic, type of incentive, state, and year.
Database
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