ACA, Affordable Care Act tax and House
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Four moderate House Republicans, defying President Donald Trump and House Speaker Mike Johnson, gave the final signatures to force a vote on extending expiring Obamacare tax credits.
Speaker Johnson rejected efforts by some Republican moderates to vote on an amendment that would call for an extension of the subsidies.
Ohio Governor Mike DeWine, Lt. Governor Jim Tressel, and Ohio Department of Development Director Lydia Mihalik announced the approval of 17 projects that will create 2,347 new jobs and retain 8,592 jobs statewide.
Thirty-three projects will be awarded more than $75 million in tax credits to preserve 45 buildings across the state.
California Gov. Gavin Newsom on Wednesday announced that nearly 30 new movies received tax credits from the state, including a highly anticipated project from acclaimed director Ang Lee and a Snoop Dogg-produced biopic.
Over-the-Rhine developer Model Group is turning a host of historic properties into a mixed-income apartment complex called Reid Flats. The $38 million, 90-unit project is scattered across a total of 10 buildings in the urban core.
Two Cleveland projects have received the maximum $5 million allocation of Ohio State Historic Preservation Tax Credits, announced on Wednesday, Dec. 17, by Gov. Mike DeWine and the Ohio Department of Development.
California has awarded tax credits to 28 new movie projects, including Oscar-winning director Ang Lee's upcoming film and rapper Snoop Dogg's biopic, as Hollywood's home state seeks to bolster local production and stem a years-long shift to other regions.
The maximum allocation brings the market's transformation project within $14 million of its $70 million fundraising goal for renovations set to continue through 2026.