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67 Results found for tax credit

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The House passed a franchise tax cut and expanded film grants despite an attempt to shoot down the expansion of film grants.
The House passed a franchise tax cut and expanded film grants despite an attempt to shoot down the expansion of film grants.
 
State tax credits for solar energy projects made for bad public policy. That doesn’t excuse recent action from the N.C. Revenue Department that denies those credits to solar energy finance companies.
State tax credits for solar energy projects made for bad public policy. That doesn’t excuse recent action from the N.C. Revenue Department that denies those credits to solar energy finance companies.
 
The dispute between solar energy finance companies and the state’s revenue department has reached court.
The dispute between solar energy finance companies and the state’s revenue department has reached court.
 
North Carolina life insurance customers may pay higher premiums unless the Cooper administration reverses course on renewable-energy tax credits.
North Carolina life insurance customers may pay higher premiums unless the Cooper administration reverses course on renewable-energy tax credits.
 
Tax credits claimed by clients of Dan McCready’s solar investment company may be jeopardized by Gov. Roy Cooper’s Department of Revenue.
Tax credits claimed by clients of Dan McCready’s solar investment company may be jeopardized by Gov. Roy Cooper’s Department of Revenue.
 
Bipartisan legislation introduced by Senators Thom Tillis (R-NC) and Maggie Hassan (D-NH) to expand the refundable research and development (R&D) tax credit for startups and small businesses has gained support among entrepreneurship and innovation leaders.
Bipartisan legislation introduced by Senators Thom Tillis (R-NC) and Maggie Hassan (D-NH) to expand the refundable research and development (R&D) tax credit for startups and small businesses has gained support among entrepreneurship and innovation leaders.
 
Gov. Roy Cooper, an advocate for renewable energy whose family leases land for solar farms, is denying tax credits for solar energy investments.
Gov. Roy Cooper, an advocate for renewable energy whose family leases land for solar farms, is denying tax credits for solar energy investments.
 
Benefit or boondoggle? That’s the billion-dollar question.
 
A bipartisan group of state representatives filed House Bill 751, resurrecting a 25 percent tax credit program.
A bipartisan group of state representatives filed House Bill 751, resurrecting a 25 percent tax credit program.
 
Time Magazine’s Aug. 6 special issue focuses on the American South. One of the articles is about Georgia’s film production incentives, entitled “How Georgia Became the Hollywood of the South.”
Time Magazine’s Aug. 6 special issue focuses on the American South. One of the articles is about Georgia’s film production incentives, entitled “How Georgia Became the Hollywood of the South.”
 
North Carolina politicians and policy analysts have been arguing for decades about targeted economic incentives
North Carolina politicians and policy analysts have been arguing for decades about targeted economic incentives
 
The sun keeps shining on North Carolina's renewable energy investors - at taxpayers' expense
The sun keeps shining on North Carolina's renewable energy investors - at taxpayers' expense
 
The proposed new state budget would not expand the state’s overall film grant program this year
The proposed new state budget would not expand the state’s overall film grant program this year
 
Governor Cooper signed into law S.B. 582, an act (i) to make technical, clarifying, and other modifications to the current operations appropriations act of 2017 and to related legislation and (ii) to make agency technical corrections
Governor Cooper signed into law S.B. 582, an act (i) to make technical, clarifying, and other modifications to the current operations appropriations act of 2017 and to related legislation and (ii) to make agency technical corrections
 
The 2017-18 General Assembly may soon try to keep alive its unblemished record of overriding Gov. Roy Cooper's vetoes
The 2017-18 General Assembly may soon try to keep alive its unblemished record of overriding Gov. Roy Cooper's vetoes
 
State Rep. Ted Davis, R-New Hanover, bucked conservative critics who strenuously objected to making a $30-million taxpayer subsidy to Hollywood a permanent annual state allocation
State Rep. Ted Davis, R-New Hanover, bucked conservative critics who strenuously objected to making a $30-million taxpayer subsidy to Hollywood a permanent annual state allocation
 
Ever since North Carolina enacted a major tax reform package in 2013, left-of-center politicians and pundits have lamented the disappearance of a progressive income tax
Ever since North Carolina enacted a major tax reform package in 2013, left-of-center politicians and pundits have lamented the disappearance of a progressive income tax
 
State Rep. Chris Millis says the renewable energy industry hoodwinked North Carolina about the costs of giving special deals to renewable producers, which exploded from an initial projection of less than $5 million to $1.6 billion in payouts through 2016
State Rep. Chris Millis says the renewable energy industry hoodwinked North Carolina about the costs of giving special deals to renewable producers, which exploded from an initial projection of less than $5 million to $1.6 billion in payouts through 2016
 
In his budget proposal, Common Ground Solutions for North Carolina, Gov. Roy Cooper proposed adding $15 million to the Smart Start program, a public private partnership focused on early childhood health and education.
In his budget proposal, Common Ground Solutions for North Carolina, Gov. Roy Cooper proposed adding $15 million to the Smart Start program, a public private partnership focused on early childhood health and education.
 
In his budget proposal, Common Ground Solutions for North Carolina, Governor Roy Cooper proposed creating the Child and Dependent Care Tax Credit to help middle class families afford high-quality child care.
In his budget proposal, Common Ground Solutions for North Carolina, Governor Roy Cooper proposed creating the Child and Dependent Care Tax Credit to help middle class families afford high-quality child care.
 
Democratic Gov. Roy Cooper's selection of Rep. Susi Hamilton as secretary of natural and cultural resources is emblematic of the philosophical contrast between Cooper and the GOP legislative majority, state Rep. Chris Millis said
Democratic Gov. Roy Cooper's selection of Rep. Susi Hamilton as secretary of natural and cultural resources is emblematic of the philosophical contrast between Cooper and the GOP legislative majority, state Rep. Chris Millis said
 
According to a front-page story in today's News & Observer, Deborah Ross frequently touts the votes she took in support of historical preservation tax credits during her career in the legislature.
According to a front-page story in today's News & Observer, Deborah Ross frequently touts the votes she took in support of historical preservation tax credits during her career in the legislature.
 
By: jonah
According to a front-page story in today's News & Observer, Deborah Ross frequently touts the votes she took in support of historical preservation tax credits during her career in the legislature.
According to a front-page story in today's News & Observer, Deborah Ross frequently touts the votes she took in support of historical preservation tax credits during her career in the legislature.
 
By: jonah
There are few aspects of the 2013 tax reform in North Carolina that have drawn more criticism from Democrats and progressives than elimination of the Earned Income Tax Credit
There are few aspects of the 2013 tax reform in North Carolina that have drawn more criticism from Democrats and progressives than elimination of the Earned Income Tax Credit
 
The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
 
Like a recovering addict on the verge of a major binge, some North Carolina lawmakers are on the brink of falling back into the black hole of tax credits
Like a recovering addict on the verge of a major binge, some North Carolina lawmakers are on the brink of falling back into the black hole of tax credits
 
State officials, lawmakers, and renewable energy consultants attempted Tuesday to downplay the $937.8 million cost of tax credits sought under the state's new Safe Harbor Act - a total more than five times higher than initial projections.
State officials, lawmakers, and renewable energy consultants attempted Tuesday to downplay the $937.8 million cost of tax credits sought under the state's new Safe Harbor Act - a total more than five times higher than initial projections.
 
For decades, energy costs have been manipulated by state government subsidies. Just like other subsidies, whether for the film industry, automobile manufacturers, or even specific companies, special treatments transfer the tax burden from the recipients of the subsidies to others, creating unfair...
For decades, energy costs have been manipulated by state government subsidies. Just like other subsidies, whether for the film industry, automobile manufacturers, or even specific companies, special treatments transfer the tax burden from the recipients of the subsidies to others, creating unfair...
 
The final batch of solar and other renewable energy projects requested under the "safe harbor" law enacted in April by the General Assembly could cost North Carolina taxpayers as much as $937,804,785 in credits, according to aggregated figures released Wednesday by the North Carolina Department...
The final batch of solar and other renewable energy projects requested under the "safe harbor" law enacted in April by the General Assembly could cost North Carolina taxpayers as much as $937,804,785 in credits, according to aggregated figures released Wednesday by the North Carolina Department...
 
Governor Pat McCrory and Department of Natural and Cultural Resources Secretary Susan Kluttz celebrated the preservation of Historic Tax Credits (HTC) in North Carolina at an event in Burlington today. Restoring the HTC was a major element in Governor McCrory's legislative agenda that he detailed...
Governor Pat McCrory and Department of Natural and Cultural Resources Secretary Susan Kluttz celebrated the preservation of Historic Tax Credits (HTC) in North Carolina at an event in Burlington today. Restoring the HTC was a major element in Governor McCrory's legislative agenda that he detailed...
 
This series, entitled "Cut This, Go Home," includes several budget items that should no longer receive taxpayer funding because they fall well outside the legitimate, core functions of government.
This series, entitled "Cut This, Go Home," includes several budget items that should no longer receive taxpayer funding because they fall well outside the legitimate, core functions of government.
 
An interesting item suddenly appeared this week in the N.C. Senate farm bill. This item made its appearance a few short days after the new state budget was finally approved. Among other things, the new budget ended North Carolina's longtime, exceedingly generous 35 percent investment tax credit...
An interesting item suddenly appeared this week in the N.C. Senate farm bill. This item made its appearance a few short days after the new state budget was finally approved. Among other things, the new budget ended North Carolina's longtime, exceedingly generous 35 percent investment tax credit...
 
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
An environmental group lauding North Carolina for ranking No. 4 nationally in solar energy capacity agrees with foes of renewable energy mandates — the state's purported boom in clean energy mostly results from the government forcing utilities to purchase the higher-cost energy, along with...
 
Former Florida Gov. and Republican presidential candidate Jeb Bush on Wednesday outlined his economic plan, a proposal he said would lift the economy out of the post-recession "new normal" and "lift up everybody."
Former Florida Gov. and Republican presidential candidate Jeb Bush on Wednesday outlined his economic plan, a proposal he said would lift the economy out of the post-recession "new normal" and "lift up everybody."
 
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
North Carolina taxpayers are about to get stuck with a big bill - if the General Assembly continues the state's "Renewable Energy Portfolio Standard" (REPS) and renewable energy tax credit policies.
 
While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments in green power projects.
 
The General Fund budget proposal released Monday by GOP state House leaders for the two-year budget cycle starting July 1 would increase spending by nearly $1 billion more than the increase recommended in March by Gov. Pat McCrory, a fellow Republican.
The General Fund budget proposal released Monday by GOP state House leaders for the two-year budget cycle starting July 1 would increase spending by nearly $1 billion more than the increase recommended in March by Gov. Pat McCrory, a fellow Republican.
 
Raleigh, N.C. - Governor Pat McCrory took action on Senate Bill 372 today, which extends the tax credit for renewable energy projects in the state.
Raleigh, N.C. - Governor Pat McCrory took action on Senate Bill 372 today, which extends the tax credit for renewable energy projects in the state.
 
The House on Tuesday approved a Senate bill that would extend the state's 35 percent renewable energy tax credit - set to expire at the end of 2015 - by one year to allow several major solar farms to hook up to the power grid. Over five years, the solar companies could collect as much as...
The House on Tuesday approved a Senate bill that would extend the state's 35 percent renewable energy tax credit - set to expire at the end of 2015 - by one year to allow several major solar farms to hook up to the power grid. Over five years, the solar companies could collect as much as...
 
The Senate Finance Committee on April 2 approved a bill with bipartisan support to extend by one year eligibility for the state's 35 percent renewable energy tax credit. The legislation is intended to provide "a soft landing " to large solar projects already in the regulatory approval and...
The Senate Finance Committee on April 2 approved a bill with bipartisan support to extend by one year eligibility for the state's 35 percent renewable energy tax credit. The legislation is intended to provide "a soft landing " to large solar projects already in the regulatory approval and...
 
Governor Pat McCrory and Cultural Resources Secretary Susan Kluttz recently continued their tour throughout North Carolina to highlight the successful efforts to revitalize urban downtowns, main streets and rural communities through the historic tax credit program. As the tour continues across...
Governor Pat McCrory and Cultural Resources Secretary Susan Kluttz recently continued their tour throughout North Carolina to highlight the successful efforts to revitalize urban downtowns, main streets and rural communities through the historic tax credit program. As the tour continues across...
 
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