Committee trims small-employer health credit, sends bill to finance with $2.5M cap The Ways and Means Committee amended Senate Bill 635 to reduce an aggregate tax-credit cap to $2.5 million and add a $40,000 appropriation for systems; the bill would provide a $300-per-employee startup credit for small employers who begin offering certain HRAs for two years and now moves to finance (committee vote 3–2).

The Ways and Means Committee has voted to advance a game-changing bill offering small employers a $300 tax credit to encourage new health coverage options—are you ready to see how this could affect your business?

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#NH #TaxCreditIncentives #CitizenPortal #SmallBusinessSupport

Committee gives due pass to bill doubling New Mexico's Working Families Tax Credit Sponsor said HB296 would double the working families tax credit and could benefit roughly 200,000 households in 2024; the fiscal-impact report estimated a significant general-fund cost (presenter cited about $138 million FY27), and the committee recommended a due pass.

New Mexico is on the brink of doubling its Working Families Tax Credit, potentially benefiting over 200,000 households and making it one of the largest work incentives in the nation!

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#NM #TaxCreditIncentives #NewMexicoFamilies #LocalEconomicGrowth #CitizenPortal

Subcommittee adopts substitute for braille‑labeling tax credit after testimony by blind constituent Sen. Roem’s SB 96, as substituted, would create an individual and corporate income tax credit to incentivize braille labeling; the committee substitute caps credits at $500,000, removes carryforward and limits eligibility to Virginia businesses. Blind constituent Tate Jordan testified in favor and tax staff cautioned about finite one‑time administrative costs; the subcommittee adopted the substitute and voted to report the bill.

Virginia is taking a bold step towards inclusivity by introducing a tax credit for businesses that implement braille labeling, a move championed by a blind constituent advocating for fundamental accessibility rights.

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#VA #VirginiaBusinesses #TaxCreditIncentives #BrailleLabeling

Wausau commissioners split as city advances $2.8M solar plan and seeks sole‑source design approval Commission staff told the Wausau Waterworks Commission the estimated solar-array project cost is $2.8 million and that the city will seek a sole‑source design award to Clark Dietz on Dec. 9 to meet tight tax‑credit deadlines; one commissioner said he cannot support the project without clearer financial justification.

Wausau is on the brink of a $2.8 million solar project, but not everyone is convinced it's the right move for the city's future.

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#WausauMarathonCounty #WI #CitizenPortal #WausauWaterworks #RenewableEnergy #TaxCreditIncentives #InfrastructureDevelopment

Ohio agency launches new tax credit program for nonprofit purchases Ohio's executive director announces tax credits for eligible purchases from certified nonprofits.

A groundbreaking bill in Ohio could revolutionize support for nonprofits and individuals with disabilities by introducing a 15% tax credit for purchases from certified vendors.

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#OH #NonprofitSupport #TaxCreditIncentives #DisabilityInclusion #CitizenPortal

Representative Amato introduces tax credit bill for charitable hospital donations Missouri bill seeks to provide tax credits for donations to local hospital foundations

Missouri's new House Bill 364 could transform local healthcare by offering tax credits for donations to hospital foundations, but will it spark the support needed or raise fiscal concerns?

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#MO #CommunitySupport #HealthcareFunding #TaxCreditIncentives #MissouriHealthcare