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we are in it for the long term

We help state and municipal financial leaders leverage their influence to deliver economic opportunity, inclusive growth, sustainable investment stewardship, and responsible fiscal stewardship. 

New York Comptroller Tom DiNapoli and New York City Comptroller Mark Levine file Starbucks shareholder resolution to reestablish the Board's Environmental, Partner and Community Impact Committee to review labor practices

New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund, New York City Comptroller Mark Levine, on behalf of four of the New York City pension funds, and the Trillium Asset Management ESG Global Equity Fund have filed a shareholder proposal at Starbucks’ (NASDAQ: SBUX) in advance of the company’s 2027 annual meeting of shareholders.

-From the Office of the New York City Comptroller, Mark Levine

Maryland Comptroller Brooke Lierman calls on energy companies to return $250 million in tax refunds to consumers

In the decision, the Court determined that certain equipment used by electric utilities to transmit and distribute electricity qualifies for Maryland’s sales and use tax exemption. As a result of the decision, the Office of the Comptroller will issue refunds expected to total more than $250 million.

-News Release from the Office of the Comptroller of Maryland

Connecticut Treasurer Erick Russell applauds S&P credit outlook for the state

Governor Ned Lamont and Treasurer Erick Russell today are applauding the announcement  from S&P Global Ratings that it is revising the State of Connecticut’s credit rating outlook, improving it from stable to positive.

During Governor Lamont’s time in office, Connecticut has received eight credit rating upgrades. Prior to the start of the Lamont administration, the most recent General Obligation bond rating upgrade Connecticut received was in 2001.

-News Release from the Office of Governor Ned Lamont

Oregon Treasurer Elizabeth Steiner promotes the benefits of Child Savings Accounts

This is the time of year when, across Oregon, young adults are taking big steps toward a bright future as they settle in at college or into career training. Yet for many young people, their journeys lean into the headwinds of America’s affordability crisis.

-Beaverton Valley Times | Joth Ricci and Elizabeth Steiner

Vermont Treasurer Mike Pieciak creates task force to expand employee ownership to Vermont businesses and workers

Vermont Treasurer Mike Pieciak posted on Facebook: Today, we kicked off a task force to expand employee ownership to Vermont businesses and their workers.

As thousands of Vermont business owners approach retirement without a succession plan, employee ownership is one of the best ways we can protect local ownership, good-paying jobs, and community wealth. 

Illinois Treasurer Michael Frerichs attended a memorial for fallen firefighters, highlighting the Fallen Heroes Scholarship program for children of military families, firefighters, law enforcement officers and paramedics who died in the line of duty

Treasurer Michael Frerichs posted on Facebook: I joined the Chicago Fire Fighters Union - Local 2 at Rosehill Cemetery to honor the members we lost this year. First responders risk their lives every day to keep our communities safe, and I want to do my part to honor those we have lost and support their families.

My office’s Fallen Heroes Scholarship program provides a $5,000 Bright Start Scholarship to children of Illinois military members, firefighters, law enforcement officers and paramedics who died in the line of duty. If you know a family who may qualify, please contact my office: https://illinoistreasurer.gov/.../individuals/fallen-heroes/

To all the firefighters across Illinois: thank you for your dedication, courage, and sacrifice.

For The Long Term is a 501(c)(3) nonprofit charity, and as such all donations are tax deductible to the fullest extent allowable by the IRS. For giving through Donor Advised Funds, please use your preferred DAF provider (or reach out to us for advice). Please contact daf@forthelongterm.org with any questions. Our EIN is 85-3008040
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