Tag Archives: senate
State Senators to Reintroduce Restaurant Revitalization Tax Credit
Sens. Ben Cardin (D-Md. ), Sherrod Brown (D-Ohio) and Patty Murray (D-Wash.) are reintroducing the Restaurant Revitalization Tax Credit Act to the new 118th Congress. The legislation would create a special tax credit for those who applied for and were … Continue reading
NYS and City Employers Will Soon Be Required to Provide a Retirement Plan for Their Employees
In October of 2021, New York State passed Senate Bill S5395A, modifying the New York State Secure Choice Savings Program which is a retirement savings program. This new modification requires all employers in the state and city to provide … Continue reading
State Senates drop a “Bongshell” – Tax Related Cannabis Bill
Last week, Democrat State Senators introduced a bill related to the legalization of marijuana. Senators motioned to remove cannabis from the federal government’s list of controlled substances. This would ultimately give states the power to make their own laws regarding … Continue reading
Florida Governor Signs Bill That Will Strip Disney of Special Tax Status
A bill to strip Disney of its special tax status was passed last week by the Florida House of Representatives shortly after the Senate approved it 23-16. This stems from the battle Disney has been having with the Florida Governor … Continue reading