Community development organizations that aim to support local businesses and low- and moderate-income residents took to Beacon Hill seeking to make permanent a tax credit set to sunset next year.
The Child Tax Credit has never come close to reimbursing parents for the majority of child-related costs, but it is nevertheless a practical reduction of burden that honors the important work of parents and families.
(The Center Square) – Illinois legislators continue to consider different types of tax credits, but some are urging the General Assembly to renew one that expired at the end of last year. At a recent House Revenue and Finance Committee, legislators heard about a tax credit for affordable housing. State Rep. Dagmara Avelar, D-Bolingbrook, said the measure is needed to create more housing options. “The $20 million annual program over six years will generate up to...
WHEDA's housing tax credit award puts developments on path to groundbreaking.
COLUMBUS – Last week, the Ohio House of Representatives gave the green light to House Bill 264, marking a significant step toward expanding the scope of facilities eligible for the Renewable Energy Tax Credit within the state. The announcement was made by State Rep. Mark Johnson (R-Chillicothe), who sponsored the bill in collaboration with State […]
Columbus, Ohio – May 8, 2024 In a move aimed at promoting sustainability and incentivizing clean energy initiatives, the Ohio House of Representatives has approved House Bill 264. The legislation, sponsored by State Representatives Justin Pizzulli of Scioto County and Mark Johnson of Chillicothe, expands the scope of facilities eligible for the state’s Renewable Energy […]
Private schools have been receiving the state tax credit money since 2020 with limited accountability on how the money is spent.
"We’re not living in poverty, like one in 10 Mainers and one in eight Maine kids. But that doesn’t mean we’re not struggling."
Treasury and IRS have finalized regulations for the up to $7,500 electric vehicle tax credit.
Federal prosecutors say U.S. Rep. Henry Cuellar, D-Laredo, and his wife, Imelda Cuellar, used tens of thousands of dollars to pay taxes and debt.
EXCLUSIVE — Kari Lake, who is running for Senate in Arizona, said she would seek to expand the child tax credit, arguing that increasing the popular subsidy could help fix the falling birth rate. The Washington Examiner spoke to Lake, a staunch opponent of illegal immigration, on Wednesday while she was in transit to the […]
Screen speaks to Alison Thompson, Stephen Kelliher, Gabrielle Stewart, George Hamilton and Sarah Lebutsch.