Business and tax credits walked hand-in-hand through the Senate as several legislative giveaways advanced Tuesday, including one measure providing a one-time sales tax rebate for a hotel in the Adventure District in northeast Oklahoma City.
Byline: JERRY GEISEL WASHINGTON-Employees who lose their jobs due to foreign competition and older pension plan participants whose pension plans fail would be eligible for bigger federal health insurance premium subsidies under bipartisan trade le Byline: JERRY GEISEL WASHINGTON-Employees who...
Trucking fleets are among the companies eligible to receive a 25% tax credit for investing in new rail infrastructure under legislation introduced in the U.S. Senate.Trucking fleets are among the companies eligible to receive a 25% tax credit for investing in new rail infrastructure under legislation introduced in the U.S....
Though the ghost of Great Plains Airlines threatened legislation to provide tax credits for home builders, the measure passed the state House of Representatives on Monday.
Railroads spend billions each year to maintain and expand infrastructure, but it may not be enough to meet the 67% spike in freight traffic that DOT predicts by 2020. At a recent Surface Transportation Board hearing (details, p. 10), shippers and others called for increased capacity and speed to meet...
The U.S. Senate passed an amendment introduced by Sen. Barbara A. Mikulski, D-Md., that provides families with a $4,000 tuition tax credit for every year of college. The tax credit, now included in the federal budget for the 2006 fiscal year, would provide help for everyone, from the first-time student...
WASHINGTON -- Years of persistent lobbying paid off for the telecommunications industry when a Senate committee on Nov. 15 approved a multibillion-dollar economic stimulus package that includes a pair of temporary tax credits to promote the expansi WASHINGTON -- Years of persistent lobbying paid...
March 8, 2004 - The Production Tax Credit PTC to support wind energy through wind farms and wind turbine investments would be extended for one year (through December 31, 2004) as part of a package of expired tax credits being added to the foreign t March...
Congress is proposing $16 billion in tax credits for alternative and traditional energy sources over the next decade. The Energy Tax Incentives Act of 2003, introduced earlier this month, has numerous tax credits for advanced technology vehicles and so Congress is proposing $16 billion in tax credits for...
The U.S. Senate has overwhelmingly passed a comprehensive energy package that includes a four-year tax credit for the retail sale or use of propane as an alternative motor fuel. The U.S. Senate has overwhelmingly passed a comprehensive energy package that includes a four-year tax...
The Senate has approved a tax credit designed to ease the financial strain on National Guardsmen and reservists when they are called to active duty and on small companies that employ them. The Senate has approved a tax credit designed to ease the financial ...
A bill pending in the Legislature would financially support businesses that employ volunteer firefighters and reserve deputy sheriffs. Senate Bill 926, by Sen. Frank Shurden, D-Hanna, and Rep. Dale Turner, would provide businesses with a $1,000 tax credit for every volunteer firefighter or deputy sheriff employed. Senate Bill 926 passed...
Shortly before the U.S. Senate ended its session last month, Sen. Jesse Helms (R-N.C.) introduced a companion bill to H.R. 1303, which seeks a tax credit for drycleaners switching to environmentally friendly technologies. Shortly before the U.S. Senate ended its session last month, Sen....
Byline: Bruce Geiselman The Senate's passage of an energy bill drew mostly support from agricultural, mining, electric utility and other industries that stand to benefit from tax breaks and other incentives. Environmentalists criticized ...
THE CHAIRMAN of a key Senate committee is drafting legislation that would allow the developers of drugs and biological treatments for rare diseases to claim a 50 percent tax credit on their full clinical research expenses. Under current law, ...
Repeal Bush tax cuts in their entirety, for all income groups. Replace them with a unified family credit encompassing child care, the earned-income tax credit and other existing breaks. Illinois is shortchanged relative to other states under curren Repeal Bush tax cuts in their...
April 9, 2004 - A full 3-year Production Tax Credit PTC extension (through 12/31/06) may advance through the U.S. Senate as part of a package of energy tax incentives now attached to a corporate tax bill (S. 1637). Momentum began to pick up on...