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"All Americans will benefit from this pro-growth, pro-American bill," says Rep.
Brian Fitzpatrick, a Republican from Bucks County, Pa., who voted in favor of the GOP tax bill passed by the House of Representatives on Wednesday.
"The expanded child tax credit will help more than 500,000 children in Pennsylvania.
This bill also boosts innovation, allowing the US to be more competitive with China while also helping our small businesses thrive."
Among other things, the bill expands the child tax credit and eliminates the penalty for families with multiple children.
It also boosts the amount small businesses can write off immediately to $1.29 million, an increase above 2017's $1 million cap, reports Patch.com.
It ends the COVID-era Employee Retention Tax Program and boosts the Low-Income Housing Tax Credit, which will increase the supply of low-income housing.
The bill also boosts the amount small businesses can write off immediately to $1.29 million, an increase above 2017's $1 million cap.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Heritage International School recently hosted its 10th annual STEM Mahotsav.The exhibition showcases students' ingenuity in science, technology, engineering, and mathematics.Heritage International...more
The first half of February has been full of fresh funding and prestigious accolades for Houston innovators.Houston will host a number of events focused on innovation and innovators in February.From...more
The Behavioral Health & Wellness Center at Childrena€™s Nebraska is to span 107,250 square feet.The four-story, $114 million project is to begin serving youth and families in January...more
Arts Lab 6-week Session 5yr and UP 10-11am (Feb.25-April 1) | NewsBreakHOTAbout NewsBreakPartner with usFollow usTUESDAY Arts Lab6-week session 5yr & Up 10- 11am ( Feb.25 - April 1) Welcome to the...more
Medtronic wins CE mark for pediatric jugular dual lumen catheter.Medtronic won CE mark for jugular Dual Lumen Catheter for young children." Medtronics wins CE marks for jugula dual lumin catheter...more
Qatar Foundation (QF) honoured ten innovative educational projects under "Spotlight Qatar" The initiative is designed to highlight the most effective and scalable educational innovations in Qatar.The...more
Southwest Child Care Resource & Referral (CCR&R) leads its groundbreaking community initiative, the Clean Air for Children Program.The program will focus its efforts on underserved communities in...more
The $50 million tax credit represents only 1.7% of the total education budget.The program is run through the Idaho Tax Commission, not the Idaho Department of Education.The $5,000 per-student cap...more
Bremen City Schools Nutrition has been honored with a Healthy Meals Incentives Recognition Award for its commitment to improving the nutritional quality of school meals.The USDA's Food and Nutrition...more
StorrryNights Endless Stories is a unique platform that is uniquely designed to create personalized bedtime stories for children of all ages.Ideal for parents looking to create a more engaging and...more
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Social Entrepreneurship
Spotlight
Together TV, the Channel that Helps You Channel Your Inner Good
Caroline Diehl is a serial social entrepreneur in the impact media space. She is Executive Chair and Founder of the UK’s only charitable and co-operatively owned national broadcast television channel Together TV, the leading broadcaster for social change runs a national TV channel in the UK and digital platform which helps people find inspiration to do good in their lives and communities.
