State now expects $4.4 billion more in tax revenue thanks to ‘unprecedented’ collections, LFB says

Thanks to “unprecedented” general fund tax collections in 2021, the state is now expected to take in $4.4 billion more through mid-2023 than was anticipated just four months ago, according to the Legislative Fiscal Bureau. The net impact of the eye-popping numbers mean lawmakers will have nearly $3.8 billion more to play with in the 2021-23 budget than they had anticipated following actions by the...