Thursday, the House Ways & Means Committee passed a series of bills that are designed to invest in our workforce, families and economy, including several bills supported by U.S. Representative Terri Sewell (D-Selma) that will directly impact Alabamians living in the 7th Congressional District. Sewell praised the legislation. “The Ways & Means Committee passed historic … Continued
The House Ways and Means Education Committee gave a favorable report to an income tax credit for Alabama homeowners to build storm shelters on Wednesday. House Bill 428, the storm shelter tax credit bill, is sponsored by State Rep. Joe Lovvorn, R-Auburn. Lovvorn is a professional firefighter, who earlier this year responded to the fatal … Continued
The Alabama House of Representatives passed the Alabama Incentives Modernization Act on Thursday to improve the way that the state uses economic incentives. More specifically, this bill would add new tools for the attraction and expansion of businesses in rural Alabama as well as in federally designated Opportunity Zones. It also targets attracting technology companies. … Continued
As gas prices remain unstable, investing in alternative-fuel vehicles makes great economic sense – especially for managers who must meet budgets to manage large fleets. On July 18, advocates and leaders in the field will gather at the Bessemer campus of Lawson State Community College to share strategies and success stories. The 2018 Propane “Autogas … Continued
By Brandon Moseley Alabama Political Reporter Wednesday, the Alabama State Senate Fiscal Responsibility and Economic Development Committee voted to reject legislation that would have sunset most of the numerous tax credits, exemptions and deductions that have accumulated in the Alabama tax code over the decades. Senate Bill 187 was sponsored by Senator Bill Hightower, R-Mobile. … Continued
By Brandon Moseley Alabama Political Reporter Thursday, the Alabama Democratic Party released a statement critical of the recently released House GOP tax plan that passed the U.S. House of Representatives earlier that day. “House Republicans voted today to increase taxes on middle class families and provide massive giveaways to billionaires and wealthy corporations. While Senate … Continued
By Brandon Moseley Alabama Political Reporter Thursday, November 2, 2017, the Republican leadership of the U.S. House of Representatives introduced their new tax reform plan unveiled The Tax Cuts and Jobs Act, which they claim will fundamentally reform the tax code for the first time since 1986. U.S. Rep. Terri A. Sewell, D-Selma, said that … Continued