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Senators Tim Kaine and Mark Warner of Virginia are reintroducing the School Infrastructure Modernization Act, which aims to remove an obstacle in the federal tax code that prevents historic tax credits from being used to finance the renovation of local school buildings that will continue to be used as schools. Senators aim to remove obstacles … Read more
Louisiana business owners may soon have a tax incentive to hire high school interns, according to a proposed bill. Louisiana proposes tax credit for hiring high school interns House Bill 637, authored by Rep. Buddy Mincey, R-Denham Springs, would allow employers to receive a state tax credit of up to $2,500 if they hire public … Read more
The program’s financial feasibility will be discussed at the county’s budget meeting in June, and the logistics will be discussed in August. Santa Clara County officials are considering a guaranteed basic income program for former inmates to help them integrate back into society The advocates believe the program could decrease recidivism by providing a financial … Read more
The first-ever guaranteed income program in Cook County, Illinois, is now providing more than 3,200 families with a monthly direct payment. Cook County Promise Guaranteed Income Pilot Program The program provides monthly stipends of $500 for two years to low-earning households. The program is one of 130 similar guaranteed income pilot programs in 32 states … Read more
For a home worth $250,000 with a 20% down payment, this would result in a monthly mortgage payment of over $1,600. Mortgage rates are on the rise, with Freddie Mac reporting an interest rate of 6.39% for a 30-year fixed-rate mortgage loan in the week ending May 4, 2023 However, there are still options available … Read more
While there are a few other no-deposit deals available, they all require the financial backing of friends or family. UK-based Skipton Building Society has launched a deposit-free mortgage aimed specifically at renters Skipton’s deal requires 12 months of on-time rental payments and a good credit history but does not need a guarantor. However, at 5.49%, … Read more
The Worcester County District Attorney’s Office announced the new charges against Alberto L. Sierra Jr., 32, who was previously in a relationship with the boy’s mother, Elsa Oliver. A man from Massachusetts has been charged with murder and disinterring a body in connection with the death of a 5-year-old boy whose remains were discovered in … Read more
Chauvin’s appeal comes after his previous request for a new trial was denied by an appeals court. Former Minneapolis police officer Derek Chauvin has requested the Minnesota Supreme Court to review his murder conviction in the killing of George Floyd His attorneys, in the court documents filed on Wednesday, reiterated several arguments from their earlier … Read more
The analysis by the GAO revealed alarming levels of fraud in the Paycheck Protection Program (PPP) and the COVID-19 Economic Injury Disaster Loan Program (EIDL). Over 25% of applicants seeking pandemic relief through two SBA programs have potentially fraudulent discrepancies in their applications Out of the total 13.4 million unique recipients, the GAO identified more … Read more
The package encompasses various provisions, including a deal on one-time rebate checks, which Governor Tim Walz had emphasized as a priority before the end of the session. Minnesota Legislature’s Tax Bill Conference Committee concluded negotiations on a significant $3 billion tax package on Wednesday night The rebate checks amount to $1.15 billion in tax cuts, … Read more