25 Aug 2017

Fred Hubbell Statement on Incentive Package for Apple Data Center

By Paul Esker

DES MOINES, IA – Fred Hubbell provided the following statement on the incentive package for the proposed Apple data center:

"Iowa has a serious budget mess - a mess created by politicians that have a habit of prioritizing wasteful corporate giveaways over healthcare, education, and raising incomes around the state.

25 Aug 2017

Governor Rauner enacts law to revive, extend Angel Investment Tax Credit

By Rich Carter

Spearheaded by Lt. Gov. Sanguinetti, this bipartisan reauthorization incentivizes investment in innovation

SPRINGFIELD (Aug. 24, 2017) – Gov. Bruce Rauner today signed SB 2012 into law, reviving an expired tax credit that encourages investment dollars into early-stage, innovative companies in Illinois.

25 Aug 2017

What they’re saying: Apple data center investment a big win for Iowa

By Brenna Smith

(DES MOINES) – Following a joint announcement from Apple CEO Tim Cook, Gov. Kim Reynolds, Lt. Gov. Adam Gregg and Waukee Mayor Bill Peard on Thursday that the company will make a significant data center investment in Waukee, many are saying the center is a big win for the state.

24 Aug 2017

Gov. Rauner signs bill to protect taxpayers from police pension fund abuse

By Elizabeth Tomev

NAPERVILLE (Aug. 24, 2017) – Gov. Bruce Rauner today signed House Bill 418, which prevents retired police officers from opting into the pension system a second time if they return to the force as a police chief or join another municipality’s force.

24 Aug 2017

Iowa welcomes significant data center investment from Apple

By Brenna Smith

(DES MOINES) – Gov. Kim Reynolds, Lt. Gov. Adam Gregg and Waukee Mayor Bill Peard joined Apple CEO Tim Cook Thursday afternoon to announce the company’s significant investment in Iowa. At special meetings earlier today, the Iowa Economic Development Authority (IEDA) Board and the Waukee City Council took action to support a more than $1.3 billion data center.

24 Aug 2017

Illinois Budgeting for Results Commission to host pair of public hearings

By Laurel Patrick

SPRINGFIELD (Aug. 23, 2017) – The Illinois Budgeting for Results (BFR) Commission will be holding public hearings in Chicago on Aug. 30 and Springfield on Sept. 6 for the public to learn about Illinois’ performance-based budgeting efforts and talk with BFR Commissioners.

24 Aug 2017

Proposed workers’ compensation rates to decrease in 2018

By Brenna Smith

(DES MOINES) – According to a new report from the Iowa Insurance Division, the state’s proposed workers’ compensation rates will decrease by 8.7% beginning January 1, 2018. This builds on a July 1, 2017, rate decrease of 3.9% and helps make Iowa more competitive for attracting business and industry.

24 Aug 2017

Successful Iowa State Fair for Treasure Hunters

By Karen Austin

DES MOINES, IA (08/23/2017) (readMedia)-- A stop at State Treasurer Michael L. Fitzgerald's Great Iowa Treasure Hunt booth during the Iowa State Fair paid off for many fairgoers. "The Great Iowa Treasure Hunt booth had a very successful year at the Iowa State Fair," Fitzgerald said.

24 Aug 2017

Harmful FY18 'Budget' Gimmick Hurts Schools and Communities Harmful FY18 'Budget' Gimmick Hurts Schools and Communities

By David Kubik

AVANNA – State Representative Tony McCombie (IL-71st) released the following statement in response to the Illinois Department of Revenues Corporate Personal Property Replacement Tax (also known as the 'replacement tax,' CPPRT, and PPRT) forecasts:

23 Aug 2017

US Treasury extends order to tackle abuse of high-end real estate by money launderers in seven hotspot markets

By Andy Stepanian

Yesterday, the US Treasury’s Financial Crimes Enforcement Network’s (FinCEN) announced that it will renew and expand an order aimed at cracking down on bad actors laundering money through high-end US real estate. The Geographic Targeting Orders (GTOs) could also target potentially illicit money coming from countries under US sanctions, such as Russia and North Korea. 

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