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Mills' budget proposal would tax Paycheck Protection Program funds as income

Mills’ budget proposal would tax Paycheck Protection Program funds as income
The Legislature s tax and budget committees met Monday to hear testimony on a set of proposals by Gov. Janet Mills that could leave some businesses paying state taxes on loans exempt from federal taxes.
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Maine businesses would have to pay state income taxes on forgivable federal Paycheck Protection Program loans that are not taxed by the federal government under a budget proposal from Gov. Janet Mills.
The administration told the Legislature on Monday that state government could be facing a more than $100 million revenue shortfall if the state were to fully conform with changes to the federal tax code passed by Congress in December. Those changes exempted PPP loans from federal income taxes while allowing businesses to also claim the expenses the loans helped pay for. ....

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State Workers' Switch To Telework During Pandemic Brings 'Seismic' Drop in CO2 Emissions

Commercial Street is nearly devoid of pedestrians and traffic on March 25, 2020 in Portland, Maine, just before a stay-at-home order went into place because of the pandemic. (Robert F. Bukaty/AP)
Maine government workers have reduced their car travel by 1 million vehicle miles a week since the start of the pandemic, thanks to the rapid, wholesale adoption of telework policies.
The preliminary data are opening an unexpected window on the future of telecommuting and its potential to deliver substantial reductions in global warming pollution.
Last year, before anyone heard of COVID-19, Maine’s Legislature authorized a comprehensive analysis of telework’s potential costs and benefits for state government and its employees. But as the research project got underway, the pandemic hit, and by April of this year some 85 percent of the state government’s workforce excepting public safety positions was suddenly working from home. ....

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Mills administration commits full $1.25 billion of federal COVID-19 aid

Mills administration commits full $1.25 billion of federal COVID-19 aid
penbaypilot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from penbaypilot.com Daily Mail and Mail on Sunday newspapers.

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Mills Administration Commits Full $1.25 Billion of Federal Coronavirus Relief Funding

Mills Administration Commits Full $1.25 Billion of Federal Coronavirus Relief Funding
maine.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maine.gov Daily Mail and Mail on Sunday newspapers.

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