Tag Archives: tax credit

Bipartisan Bill Would Create Semiconductor Manufacturing Investment Tax Credit; Sen. Ron Wyden Quoted

Microelectronic Tech

A bipartisan group of six senators proposed creating a 25 percent tax incentive for companies that will invest in equipment and facilities needed to manufacture semiconductors. The tax credit proposal is part of the Facilitating American-Built Semiconductors Act sponsored by Mike Crapo, R-Idaho; Ron Wyden, D-Ore.; John Cornyn, R-Texas; Mark Warner, D-Va.; Steve Daines, R-Mont.; and Debbie Stabenow, D-Mich.

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Rep. Tom Price Named HHS Secretary Under Trump Administration

Rep. Tom Price (R-Georgia), chairman of the House Budget Committee and an orthopedic surgeon, has been selected to serve as secretary of the Department of Health and Human Services under President-elect Donald Trump’s administration, Politico reported Tuesday. “Chairman Price, a renowned physician, has earned a reputation for being a tireless problem …

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House, Senate Leaders Reach Deal on FY 2016 Funding Bill

Congressional budget negotiators have reached a tentative agreement on a $1 trillion spending package that would fund most agencies through the end of fiscal 2016, USA Today reported Tuesday. Erin Kelly writes government funding will expire at Wednesday midnight and House Speaker Paul Ryan (R-Wis.) has said members of Congress could vote on …

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Small Businesses to Feel Impact of New Healthcare Law

The Affordable Care Act took effect Jan. 1 and included a number of provisions set to affect small businesses, The Washington Post reported Tuesday. J.D. Harrison writes the bill expands the tax credit for small businesses with less than 25 employees from 35 percent to as much as 50 percent. To …

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