Monday, August 10, 2020
The two Florida Republicans in the U.S. House are looking to ensure that professional sports organizations pay their fair share in taxes.
Administered by the Florida Department of Economic Opportunity (DEO), the CPTA grant program assists communities with the creation of innovative planning and development strategies to promote economic diversity, while also protecting environmentally sensitive areas.
At the end of last week, U.S. Rep. Bill Pascrell, D-NJ, introduced “Disaster Savings and Resilient Construction Act” which creates $3,000 tax credits for homeowners and $25,000 tax credits for business owners. Cosponsors include U.S. Reps. Mario Diaz-Balart, R-Fla., Peter DeFazio, D-Oreg., and Tom Reed, R-NY.
The bill “encourages companies currently producing medical and pharmaceutical equipment abroad to relocate to the U.S.” and “would also enact a tax credit of federal income tax liability for wages and eligible pharmaceutical manufacturing facilities in economically distressed zones, including Puerto Rico.”
At the start of this week, the average gallon of gas in Florida cost $2.13, down from $2.16 at the start of last week even as the national average stood at $2.18 a gallon.
With the help of U.S. Sen. Susan Collins, R-Maine, Rubio is pushing some amendments to the coronavirus relief package which Congress is trying to get across the finish line before the end of the session.
On Thursday, even as most senators left the Beltway without a coronavirus relief agreement in place, U.S. Sen. Rick Scott, R-Fla., proposed several amendments, trying to bring bills he previously introduced into a larger package and pushing for more...
At the end of May, Waltz introduced the bill, which has 60 cosponsors–all part of the Republican minority–including U.S. House Minority Leader Kevin McCarthy, R-Calif., U.S. Rep. Neal Dunn, R-Fla. and U.S. Rep. Bill Posey, R-Fla.
While Democrats prescribed $1 trillion of aid in the Phase 4 package they approved in May, Republicans initially insisted the only aid they would consider is to allow local governments discretion to use an existing $150 billion coronavirus relief fund to cover operating expenses, which initially was prohibited. GOP negotiators reportedly have since upped the offer to $200 billion of new aid.
This week, state Chief Financial Officer (CFO) Jimmy Patronis warns Floridians and especially business owners to be cautious of fake check scams as a recent report highlighted the arrest of a Walton County man for grand theft of a motor vehicle after allegedly printing fake checks from his home computer.