Top industry, elected officials urge full support for Alabama childcare tax credit
One of seven bills for Alabama awaiting a vote by the Alabama Senate Finance, Taxation and Education Committee hits a close-to-home issue in the state's low labor force participation rate: child care. Proponents of the bill, including House Speaker Nathaniel Leadbetter, state Sen. Garlan Gudger, state Rep. Anthony Daniels, Alabama Women's Foundation CEO Melanie Bridgeforth […]
Alabama lawmakers ban credit card companies from tracking firearm purchases
The Alabama House of Representatives SB281, The new law, which passed the Senate in April, now awaits Governor Kay Ivey's consideration and signature, would ban credit card companies from tracking Alabama consumers' firearm purchases. Previously, firearm purchases were permitted to be made with a specific four-digit Merchant Carrier Code (MCC), significantly reducing gun owners' privacy […]
Working families set to benefit from Alabama childcare tax credit after approval from lawmakers
The Alabama House of Representatives on Tuesday gave final approval to a proposal aimed at increasing workforce participation statewide through new tax credits for working Alabama families, employers and certain child care facilities. HB358 The bill was introduced in the House of Representatives by State Representative Anthony Daniels and carried in the Senate by State […]
California bill banning medical debt from credit reports gets a boost
California Atty. Gen. Rob Bonta announced Monday that he is pushing for legislation that would ban medical debt from appearing on consumer credit reports. This is a Democratic-led effort to provide protections to patients who are under pressure from medical costs. Bonta is a sponsor Sen. Monique Limon's bill, SB 1061 seeks to prevent health […]
House moves forward with tax credit plan for private schools after adding $500M cap
The Alabama House Ways and Means and Education Committee on Thursday morning passed Alabama's latest bill aimed at redirecting taxpayer dollars to private schools. The bill's biggest change is putting a $500 million cap on the program, a concern public education groups raised during a hearing on the Senate version of the bill last week. […]
Major Credit Card Company Announces Mega Acquisition As Debt Continues To Strangle Americans
As Americans continue to struggle with credit card debt, Capital One announced Monday that it will acquire a rival financial services company in a major stock deal, according to the New York Times. The McLean, Virginia-based bank announced it would acquire Discover Financial Services in a $35.3 billion all-stock deal, The New York Times reported. […]
Credit Card Companies Greenlight Tracking Of Gun Purchases In California With New Code
Several major credit card companies are taking steps to track gun purchases in California with new codes, CBS News reported Monday. American Express, Visa and Mastercard are working to implement merchant codes for firearms and ammunition retailers, CBS News report. They're doing this to comply with California law, which allows banks to monitor certain gun […]
Column: Credit Newsom for trying to alleviate homelessness, not that he has much choice
SACRAMENTO — Gov. Gavin Newsom's “Treatment, Not Tents” ballot measure will have only a marginal impact on homelessness. But this remains the largest attempt yet by California's governor to address the growing problem. March 5th Primary Election Ballot Proposal 1 Essentially, it would shift current mental health funding to prioritize treatment for homeless people with […]
WHITTINGTON: Catch Parents Who Take A Leap Of Faith — Expand The Tax Credit
Last week, a bipartisan bill passed for young families. Expansion of child tax credit The victory by the U.S. House of Representatives was an incredible victory and a step in the right direction. The vote, which came on the heels of national pro-life marches that reaffirmed America's commitment to mothers and their children, strengthens America's […]
House Passes Child Tax Credit Expansion Bill Over Freedom Caucus Opposition
The House passed a bill Wednesday that would expand the child tax credit through 2025, despite opposition from some Republican lawmakers. “American Families and Workers Tax Relief Act of 2024, a bipartisan bill negotiated between the Democratic-led Senate Finance Committee and the Republican-led House Ways and Means Committee, would reform and expand the credit through […]
