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:
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.
JOHNSTON, IOWA (Aug. 22, 2017) – According to second quarter results released by the Federal Deposit Insurance Corporation (FDIC) today, Iowa banks saw continued improvements in loan demand, outpacing the nation in loan growth for the quarter. Iowa-based banks provided more than $58.3 billion in total loans as of the end of the second quarter, up 5.71 percent from $55.1billion in the second quarter of the year prior. This compares to a 3.70 percent increase in total loans nationwide.
Congresswoman Bustos to hold Economic Roundtable and Tour Thomson Prison with Senator Durbin before holding a “Cheri on Shift” and meeting with Farm Bureau members
This is first of three “Better Deal for the Heartland” Economic Roundtable Discussions Bustos will host this week
(DES MOINES) – Beginning January 1, Iowa employers will see unemployment insurance taxes decrease an average of 25% on 2018 wages. The decrease is a result of the strength of the unemployment insurance trust fund, unemployment contributory wages and target levels of the unemployment insurance contributory wages. Yearly rates are determined by a formula.
August 18, 2017 (DES MOINES, IA) – Today, the Iowa Economic Development Authority (IEDA) board awarded direct financial assistance and tax benefits to five companies for job creation and expansion projects. These awards will assist in the creation of 62 jobs and will result in over $48 million in new capital investment for the state. The board also approved awards for strategic infrastructure, entrepreneurial assistance and a reinvestment district project.
DES MOINES, IOWA – Iowa’s seasonally adjusted unemployment rate remained at 3.2 percent for July. The state’s jobless rate was 3.7 percent one year ago. The U.S. unemployment rate decreased slightly to 4.3 percent in July.
Quad Cities) The Quad Cities Chamber of Commerce touted the successes of the past year to a crowd of over 1,000 business and community leaders today during its Annual Meeting.
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