Economics and Finance

Suggested State Legislation: The Uniform Prudent Management of Institutional Funds Act (UPMIFA) provides states a modern law for charitable funds and endowment spending which were operating in most jurisdictions under the 1972 Uniform Management of Institutional Funds Act (UMIFA). UPMIFA provides modern articulations of the prudence standards for the management and investment of charitable funds and for endowment spending.

Suggested State legislation: This Act makes it a felony to knowingly transport, conceal or harbor an illegal alien. Anyone found in violation and convicted may receive up to one year in prison and/or a fine not less than $1,000.

Suggested State Legislation:This Act creates a program to reimburse education costs for residents who obtain an associate degree or a bachelor’s degree in the state, and live, work and pay taxes in the state thereafter.

Sugggested State Legislation:This Act directs that in recommending to a consumer the purchase of an annuity or the exchange of an annuity that results in another insurance transaction or series of insurance transactions, the insurance producer, or the insurer when no producer is involved, must have reasonable grounds for believing that the recommendation is suitable for the consumer on the basis of the facts disclosed by the consumer as to the consumer’s investments and other insurance products and as to the consumer’s financial situation and needs.

CSG South

This presentation was given by Sujit M. CanagaRetna, Senior Fiscal Analyst of the Southern Legislative Conference before the 54th Annual Tennessee Governor’s Conference on Economic and Community Development in Nashville, Tennessee on September 13, 2007.

CSG South

This presentation was given by Sujit CanagaRetna, Senior Fiscal Analyst at the SLC, at the 2007 Association of Capitol Reporters and Editors annual meeting, in Philadelphia, Pennsylvania.

CSG South

The domestic auto industry remains embroiled in a structural conversion that has resulted in layoffs for thousands, drooping sales figures and rising financial losses. Some distinct advantages, both financial and nonfinancial, in these Southern states lured foreign automakers in the last two decades or so, a move that has completely shifted the economic orientation of these Southern locales from largely agricultural to high-tech, manufacturing economies.

RESOLVED, that Congress of the United States and the United States Department of Agriculture make the Rural Development title of the Farm Bill reauthorization a priority in terms of both programming and funding.

BE IT THEREFORE RESOLVED, that The Council of State Governments supports and encourages state actions to preserve the pre-eminence of state insurance systems and seeks to educate state elected officials on the potential ramifications of a bifurcated scheme on consumers and state revenues.
 

CSG South

The major objective of this Regional Resource is to provide a broad sketch of how the 16 SLC states are working proactively toward luring the motion picture and television industries to work within their borders. In addition, this Regional Resource sets the stage for why the film industry landscape in the United States recently has become very competitive with states vying aggressively for the business of filmmakers by offering both new and revised financial and other incentives.

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