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La lawmakers prepare to deal with billions in federal dollars

La lawmakers prepare to deal with billions in federal dollars
ktbs.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktbs.com Daily Mail and Mail on Sunday newspapers.

UConn Committee to Discuss Cutting Planned Tuition Increase Amid Ongoing Pandemic

Published March 15, 2021 • Updated on March 15, 2021 at 10:37 am NBCUniversal Media, LLC If approved, the rates would go into effect this fall semester at the start of the 2021-22 academic year. No vote is planned for today. Download our mobile app for iOS or Android to get alerts for local breaking news and weather. UConn is considering cutting its planned tuition increase for the next academic year. If the Board of Trustees approves the proposed change, the tuition adjustment would be cut in half to 2.2 percent, or $312 rather than the originally proposed $625, according to a statement on UConn’s website. UConn said it is considering this because of the coronavirus pandemic-related financial constraints many students and their families are facing.

Breakthrough on budget bill will yield tax relief for Maine businesses

In late-night deal, lawmakers agree on budget bill providing tax relief to Maine businesses An agreement to add $8 million to the state s rainy day fund and study the impact of extending tax cuts on income from exporting products tied to intellectual assets helped shore up Republican support in the House. Share AUGUSTA Democratic and Republican lawmakers reached a late-night deal Thursday that provides income tax breaks to more than 28,000 businesses and 160,000 workers who were unemployed during the COVID-19 pandemic. House Speaker Ryan Fecteau, D-Biddeford, top, and Clerk of the House Robert B. Hunt work on the rostrum during Thursday’s legislative session at the Augusta Civic Center.

Breakthrough on budget bill promises tax relief for Maine businesses

Read Article AUGUSTA Democratic and Republican lawmakers reached a late-night deal Thursday that provides income tax breaks to more than 28,000 businesses and 160,000 workers who were unemployed during the COVID-19 pandemic. House Speaker Ryan Fecteau, D-Biddeford, top, and Clerk of the House Robert B. Hunt work on the rostrum during Thursday’s legislative session at the Augusta Civic Center. Joe Phelan/Kennebec Journal Disagreement over a proposed supplemental state budget bill on Thursday had left a $100 million state tax exemption for federal Paycheck Protection Program loans in limbo. With tax filing deadlines looming and tensions high during just the second full meeting of the new Legislature, House Republicans yielded on their demands to conform Maine’s tax law completely with the federal tax code late Thursday.

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