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Will big business rescue Biden’s climate law?
Politico· 4 hours agoOil companies in particular have expressed interest in potential business opportunities offered by the climate law, such as projects that would produce...
New York will set aside money to help local news outlets hire and retain employees
The News-Times· 5 days agoNew York is offering up to $90 million in tax credits for news outlets to hire and retain journalists in an effort to help keep the shrinking local news ...
Could vetoed KS film tax credits yield economic growth? Lawmakers, experts disagree
The Kansas City Star· 4 days agoLast week, Gov. Laura Kelly vetoed a policy that would have made $10 million in capped income tax credits available for Kansas filmmakers.
Final Rules on Energy Tax Credit Sales Confirm All Systems Go | JD Supra
JD Supra· 5 days agoThe Inflation Reduction Act of 2022 (the “IRA”) now allows firms to develop and sell clean energy tax credits. In our last update, available here, we discussed ...
Child care tax credit proposal gets Pa. House approval
The Daily Item, Sunbury, Pa. via Yahoo Finance· 5 days agoMay 23—HARRISBURG — A bill proposing to create a tax credit for employers who contribute toward employee child care costs received bipartisan support and ...
Big Oil and the Chamber plan to defend Biden’s climate law from Trump
Politico via Yahoo News· 4 hours agoThe U.S. Chamber of Commerce and the American Petroleum Institute have said they'd go to bat for the Inflation Reduction Act. Or at least the provisions they like.
Corn price connection to carbon capture hard to pin down
North Dakota Monitor via Yahoo News· 3 hours agoThe ethanol industry says capturing carbon emissions from ethanol plants and storing it underground...
New Safe Harbor for the Domestic Content Bonus Tax Credit
The National Law Review· 7 days agoLate last week, the Internal Revenue Service (“IRS”) and Department of the Treasury issued highly...
Ad Tech Squeeze: California Data Tax Would Fund Local Journalism
MediaPost· 13 hours agoThe California Journalism Preservation Act may be drawing most of the attention and threats to cut off news. In effect, SB 1327 would tax one form of ad revenue to support another. The bill’ ...
Duke ‘water battery,’ at the edge of a SC lake, can power a million homes ... at times
Durham Herald-Sun via Yahoo News· 2 hours agoDuke Energy sends excess power to the Bad Creek Hydropower Station to pump water into a reservoir,...